2016/17 Full Year Results, page-74

Yup agree with Tamz, ran out of cash.
The jury's still out on crescent IMO but I saw the following as positive:

1. They are carrying losses on oil and gas which depresses results but is right for the longer term.
2. The period of aggressive layoffs is over.

I don't know how they will get on with acquisitions but at least they are small. It seems like an absolute gold played turnaround.
I don't buy their excuses about no dividend it's clearly intended to dilute small holders and is an injustice. If the company paid a dividend it's shareprice wouldn't be depressed enough to buyback.
The idea that some directors know better how to use my money than I do is laughable.
Still I am holding for the long term - still trucking along nicely.