Ann: Lendlease Strategy Update, page-5

this is hilarious, its the same strategy that they have been implementing for the last 10 years, how many times can the company "right Size the Cost Base" and sell businesses that were core last week but no longer this week. the entire strategy is simply "sell everything we can get our hands on eventually give a few dollars to share holders to shut them up. but lets keep the board and senior management in place because that has worked out well for the shareholders in the past....

Have previously been a holder but have been patiently waiting to take another position but this is one will continue to disappoint while the same decision makers remain in charge.

Holders deserve better, see you in 12 -18 months