Good points Chimera,1- Sentiment is low because many may view...

Good points Chimera,

1- Sentiment is low because many may view this as dejavu.
They did an earlier cap raise, were flushed with cash then proceeded to screw it up in a major way.
This time appears different because there are actual changes within the company.
(earlier scenario just rhetoric and status quo ie, directors collecting salary watching a diminishing business & SP)

2 - 20% above NTA of Cape is say ~32m.
If Broad negotiates half as well as he did for him own salary we should do well. I'd like 35m+.
Cape is a solid business with plenty of work in hand.
Personally would list Cape in a new ASX listed vehicle to pull out maximum value.

3 - The directors and chairman dipped in to their own pocket. Nothing beats skin in the game.

Does look reasonably good and wouldn't mind a new investor presentation if Cape is sold, to outline where the company intends to position itself.
Mav