No question - this is a sensible move. A business like DCG needs...

No question - this is a sensible move. A business like DCG needs working capital, tying it up in an office building makes little to no sense. Having said that they need a strong balance sheet to win work - and a commercial property like there would have been seen as pretty solid.

To show the fall from grace of DCG - as of 30 June 2015 they had a $27.5m building and $59m in net cash and revenue of $665m. This financial year they may have revenue of $350m (but I doubt it) $0 net cash (or maybe less) and the proceeds of the building and the share price is about the same. If this continues for 1 more year they are in serious trouble.