Sky Business was the same. In 2013 they said the main high margin customers of CDA were African chiefs buying high end detectors for their tribes . When the gold price fell in early 2013 this market dried up. I sold out of CDA then.
I was very wary before I bought back in at the start of 2019- the electronics and defence markets had by then given the company far more diversity.
CDA Price at posting:
$7.83 Sentiment: Hold Disclosure: Held
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