My betting is that Shrimpton will take it private. He's already a near 70 per cent shareholder, he's now the company's banker, and he's the one facing the class action allegations.
All hinges on what the solution is for the Training Division. Remember that they are still training people under state contracts from last year. My guess is that they'll move them on to a third party. One way or the other they need to reduce the big central cost in that division.
Between Shrimpton and the Integracom vendor, there's two people who made $80m plus from the float. I reckon they'll be part of the solution.
All theory of course.
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