trading holt, page-31

EDI in DownerEDI is the standout orphan - all other Divisions appear to play in the project arena and are appropriately skilled up based on their Divisonal results.
Why not float the EDI- Downer retain a sufficient holding , say 51% to enable the float, Downer guarantee the outcome of the Reliance contract which has been pretty well provided for already, in time sell down the holding and exit train building which is really heavy manufacturing and not consistent with Board/Managements apparent skillset.

As a shareholder I'm tired when an MD on $3m+ can say it wasn't me, blame the other guys...guess what the other guys got knifed...Rail CEO GORN, former 2 MD's GORN, Chairman GORN...for heavens sake... GF was the CFO for 9 months before he became MD, dont tell me that his previous role and current salary doesnt give him ANY sense of ownership or skin in the game.

A tough road(s) from here (no pun intended) but with the huge WIH they have, massive brand appeal for mechanical, asian consulting, infrastructure and mining; and generally excellent project delivery as shown through the Divisonal results I for one will be topping up come the settling of the dust.