Ann: Prospectus, page-8

Let's not forget that the CEO Dickie Dique has been a Board member since before the latest round of problems, including Sunraysia and RDP. The "strategy" of appointing him to lead a turnaround is deeply flawed. Just more jobs for the boys, it seems. Even the most cynical observer must marvel at how long this cycle has been perpetuated within Decmil, with the board and management burning through hundreds of millions of dollars of shareholder value over the years but then always managing to appoint themselves or their mates to the turnaround story.