AGM, page-14

Good point, I was a solid buy until I had lunch with some former college mates, who work for CDD. I figured that the current infrastructure requirements would be a good thing for Cardno. Admittedly I'm told they are attempting to transform into a more major projects company, so all is not lost, I'm just not expecting anything dramatic, I expect a few more bumps in the road. I am still wondering if Crescent thinks this has been a good investment, by my reckoning the current exit price would need to be $2.20+ for them and to be honest I think that is years away and all the time the SP exit price will keep rising for them. Of course if you got in sub $1 then you probably don't care too much, I never had such luck.