Ann: Daily share buy-back notice - Appendix 3E, page-52

That was a good company because it was founded by people who mainly cared about good engineering with experience in the industry.
The shareholders acted as long term owners and were in many cases technical specialists as well. They chose an amazing time to sell.
When you originally bought into CDD did you hold a different view of it?
I try to be as cautious as the next guy but there's an opportunity cost to selling out early (something I often do).
18months sounds right to me, given 3-5 years timeframe during the takeover in November 15.
Private Equity knows the time value of money I would say, rip out a quick buck and on to the next wounded victim.