Sell until $0.43?, page-43

I am losing a bucket load on CDD -currently over $150,000 so not too happy with them either . I sold my shares the first time at 7.12 and then allowed my greed to overcome me and I bought back in again around the $5 mark and have managed to average down to $2.

Yes definitely spent millions of our money on rubbish which is why they are in a mess now. Renshawe was an internal appointment and anointed by Buckley. I reckon the board got rid of him so quickly because they could see CDD was in a mess and he wanted to carry on with with Buckley's acquisition strategy. Total guesses of course.

I don't know if you have ever run a business, but it takes time to implement a change in strategic direction, especially when the company is in a mess and there is huge sector weakness. It is not something that happens in 6 months. The first part of the strategic plan would have been to assess what they needed to get rid of and how to get debt under control. Hopefully that is out the way and they can start moving forward. Generally when a company is in as much of a mess as CDD is you are looking at a 2 to 3 year turn around, so probably 2 years to go.