...there will be a possibility that Cresent Capital will take Cardno private at $2.9 per share then relist it two years later at $6.0 per share...(double their investment)
...because Cardno 's balance sheet is stronger than few months ago, its share price is much cheaper and "the company was 'optimistic' on future with the amount of work in an order book 'healthy' " imho...
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- Ann: Cardno Provides Market Update and FY16 Guidance
Ann: Cardno Provides Market Update and FY16 Guidance, page-74
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