Personally I sold out today. I was tempted to take up the issue at $1 and then sell, but I suspect the share price will fall lower as those who took shares at $1 sell out at a profit. Given the history of downgrades I was not prepared to believe better news is "just around the corner", but good luck to those with faith.
Ann: Cardno Provides Market Update and FY16 Guidance, page-119
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