Quote from the article.. "He (Mr Hodges) said he would rather not comment on how far the Bradken share price had fallen, but pointed out that shareholders in the company understood the firm was in a cyclical business and there was "pent-up value" inside the company."
"They (Bradken shareholders) understand the company is going through a cycle."
Must be his way of deflecting the focus from their never ending incompetence.
