Ann: Ceasing to be a substantial holder, page-4

The weakening new building market and import dumping were the named culprits for CAA's poor first half financial form. Early signs of a turn for the first of these issues are positive. The official building approvals data for November released on Wednesday topped market expectations and the odds are now firmly on RBA cutting rates by 25 basis points on February 4. The second remains problematic, CAA's Bundamba plant layoffs in June were squarely blamed on Chinese dumping, and then in September the Government decision was to revoke anti-subsidy duties applied to a Chinese exporter of aluminium extrusions - https://moulislegal.com/government-body-calls-time-on-aluminum-dumping-arm-wrestle. It's hard to know which way it'll go for CAA. Management have touted that a much stronger current half will be announced in February’s full-year result. If they can provide positive guidance and at least maintain the previous one cps div payout (for a yield of 9%) that could provide impetus for a move back to share price levels last seen in Jan 2018 ($0.16)