Yes it may appear to be such, and this has been the sales cycle of codan. But there are hints in the past year that codan also looks upon itself as a supplier to the defense market. More so than the past. This stragery may fill in the dips of the sales cycle. A few chips and software are turning regular miltary hardware into cutting edge high tech stuff.
good luck, still waiting for a dip to top up.
CDA Price at posting:
$2.22 Sentiment: Hold Disclosure: Held
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