CDD 2.33% 42.0¢ cardno limited

Ann: Sale of Americas and Asia Pacific Consulting Divisions, page-10

  1. 603 Posts.
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    Yes, I would say more likely 18 or 19c --- say 16c per share in retained cash plus something for the ID. If the ID can be sold for 8 x EBITDA then that would equate to about 4c per share.
    Let's say return of capital/dividend is $1.45 --- adding up the bits we get a total of about $1.65.
    A very good outcome especially for people who bought in when CDD was trading at under 50c (which was only March this year).
    Cheers
 
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