Ann: Trading Halt, page-29

Thanks Croasian for your thoughts and links to newspaper articles.

Loved the skiing analogy for unsuccessful acquisitions: “if you don’t fall over, you’re not trying”.

There’s clearly a limit to the number of consecutive face plants one might have before letting someone else have a go, so I guess Cardno could have done a whole lot worse than have a “pump and dump scammer with a long term view” take over as the downhill racer, at least for long enough to find a jump.

Luckily in Cardno’s case we don’t have to worry about someone stepping on the "oxygen hose of worthless corporations run by stock promoters". They give Cardno a wide berth.

And the recent changes to management look to be sensible and seemingly the right people for the roles. Hey, if they can avoid the temptation of going off-piste, we might even see the old aggregator model come spluttering to life.