Positive284. In my view extreme caution needs to be exercised...

Positive284. In my view extreme caution needs to be exercised where family members who have been in a listed business for a long time, as in my experience this tends to raise more issues than answers. The family connection can mean that the family's interests are served first and foremost and not those of the wider shareholding and these are never entirely consistent and can actually be very different, e.g. nostalgia and ego and managing to the abilities of the individuals v. focussing on shareholder returns. If management was more experienced they would have started much earlier to diversify. Note they weren't short-listed on the recent Perth airport rail link project, which would be a prime target for them if they had the infrastructure capability they claim to have. And yes they announced a share buyback but then proceeded to buy very few shares.