CDR 13.3% 2.6¢ codrus minerals limited

what can i say, page-14

  1. 6,757 Posts.
    Those kind of problems are management issues and a potential buyer would be aware of them and looking to turn them around - in fact this is where the value lies. These issues aren't unique to the IT industry - building scale while sacrificing profitability is a common competitive strategy - and occasionally successful in the right environments (not this one obviously). It needn't be the end of the line as they have a good brand and other businesses (perhaps the smaller ones are more likely) may see an opportunity to quickly build market share - simultaneously making the market less competitive by neutralising an aggressive player.

 
watchlist Created with Sketch. Add CDR (ASX) to my watchlist
(20min delay)
Last
2.6¢
Change
-0.004(13.3%)
Mkt cap ! $4.300M
Open High Low Value Volume
3.0¢ 3.0¢ 2.6¢ $71 2.709K

Buyers (Bids)

No. Vol. Price($)
1 14854 2.6¢
 

Sellers (Offers)

Price($) Vol. No.
3.5¢ 400000 1
View Market Depth
Last trade - 12.05pm 06/09/2024 (20 minute delay) ?
CDR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.