Ann: Change of Director's Interest Notice x 3, page-9

You have articulated the same concerns that I have,
Although I am more relaxed about their ability to pass on wage rises.
You would have to think that with nearly 300 million a year under contract this would make an ideal bolt on for someone bigger, they could rip it a lot of head office costs as well as the cost of listing on the asx.
Indeed because of the very transparent order book it makes it easy to forecast cash flows, little or no net debt also helps, the trick would be to get the founders on board, not sure of their ages, but none of them would be under 60, apologies to the boys if I am wrong, but at least a couple of them must be looking at retirement, so I would think they would like a exit solution