I've closed out my position. After purchasing in mid 2011 in the low 20's, and then some more around $16 in 2014, there were times I was sitting deep in negative territory wondering if this would ever turnaround. So I'm more than thrilled with where it's ended up now - irrespective of whether it continues on upwards. Dividends along the way have been very good, up until the recent surge.
All in all, turnaround efforts from CIMIC/management have transformed the company, but now they need to consolidate for the future - only skimmed through today's results but a notable reduction in revenue caught my eye.
Hope this one does well for everyone else! And there's always that chance down the line of a lucrative takeover from above!
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Brokers just upgraded TP upto $30.50, page-45
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