This hopeful $2 per share is why I haven't sold yet. I don't think anyone actually pays $2 but an acquisition at a price of $1.5 is highly likely.
If CDD is bought out by an American based firm, likely imo, then we should see a good boost on current SP.
If a strategic review falls through then we shouldn't see a huge fall based on the encouraging 20-21 financials and the substantial backlog in billables
Ann: Cardno Announces FY21 Results, page-8
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Last
37.5¢ |
Change
-0.020(5.06%) |
Mkt cap ! $14.64M | |||
| Open | High | Low | Value | Volume |
| 39.5¢ | 39.5¢ | 37.0¢ | $6.423K | 16.99K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3208 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.0¢ | 7000 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| CDD (ASX) Chart |