CIM cimic group limited

Ann: Final share buy-back notice - Appendix 3F, page-7

  1. 585 Posts.
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    Commentary on CIM seems to have dried up on this forum - like it's share price mad.png - can't wait to hear the BOD/CEO explanation of the continual slide in the SP when they have apparently sold off under-performing parts of the business (why else would you sell them right, as I don't think anyone was beating down their door desperate to pay a killing for those businesses?) - but also explain why any person on the BOD and Executive still has a job!! Where are the proceeds from the sale of the businesses - didn't come back to shareholders and if they are paying down debt in any meaningful way then why isn't it impacting profitability - I assume all of these contracts they are winning will actually be profitable????? Time to clean house at CIMIC - with a very big broom cool.png
 
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