Another capital raise, which I think would make it four in as...

Another capital raise, which I think would make it four in as many years. No doubt they will peddle all the same material about the booming infrastructure market and how they need a stronger balance sheet to pursue the bigger projects, they've quarantined the problem projects, they've rejuvenated management etc etc. All of the stuff they've been copying and pasting for years while the business lurches from one fiasco to another.

And shareholders again will be put in that gruesome position of deciding whether to not participate and watch the already miniscule share price collapse further or altogether, or risk more money on the roulette wheel.

They can't sell Homeground, they can't make money delivering projects, and they can't get an overseas buyer interested in taking them out, like Seymour White and Watpac did. Their only capabilities are taking photos of themselves for the website and treating shareholders with disdain.