Always appreciate your input though I am not sure that CDD are...

Always appreciate your input though I am not sure that CDD are only doing carports in Australia.
That's a joke
I think you understand the business better than I do but I am "luckier" at buying into extremely negative sentiment.
With so much debt paid off and assets impaired 60m EBITDA forecast maybe like a 50m NPAT. That adds another 10c a share or so to my asset base.
Crescent has control, they said a 3-5 year turnaround in the partial takeover documents. That was October 2015 so we are looking at 2018 to 2020.
As minorities we have f all rights but are protected by the listing rules. When the company was at its weakest we smashed the debt.
The company was at its most vulnerable then.
Compared to that my view is that changes to the constitution are relatively minor but it's smart to be digging through as Markie says.
I tried till my head hurt and gave up.
Presently there is little interest or liquidity in the stock, this would change if they released a dividend but that will only happen when Crescent wants to bolster the share price and sell their stake.
There are 0 f**ks given by me as to how Crescent feel about their positioning. I don't think they would invite me to invest in their funds and if they did I would have to pay exorbitant fees on top of the generous directors fees I already pay.
Interesting talk of the Oakey remediation, it's more relevant to my stake in SHJ than CDD though.
Looking back on CDD makes me nostalgic for the bargains available back then, whether you chose CDD, WOR or MND the outcome was the same.
The lesson for me is that short a kind of earth shaking development only to buy things when the macro is bad and the price outrageously good.
Not an expert in this company but we still need engineers and services companies. It beats the snot out of digging expensive holes in the ground.
GLTA