CDD 2.38% 41.0¢ cardno limited

The timing of this Cap-raise sounds like it was designed by...

  1. 362 Posts.
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    The timing of this Cap-raise sounds like it was designed by Crescent, for the benefit of Crescent to lower their average buy price and the rest of us get stiched-up by limiting of 25% above allocation. ( wish I'd sold the bloody lot at $3.40 odd ) Can't see a return on this inside of 5 years. No dividends and a faint view of capital gain on distant horizon. Might be better off selling what I've got left, and buying more under-priced bank shares for some sort of return. What used to be one of my favourite investments is now feeling like a millstone. Dragging me down and effecting my mood.
 
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