Yes exactly right. Crescent are buying this on the cheap side to lower their entry point and sell it of later on for some $$$ profit. Yes in hindsight selling it all at $3.40 would have been nice. I wonder what this will open up tomorrow morning?
Smart move at the $1 offer is to hard to resist. The share offer has no strings attached?
Kybosh you getting in on the offer?
Ann: Cardno Provides Market Update and FY16 Guidance, page-25
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