CDD 1.37% 37.0¢ cardno limited

Ann: Sale of Americas and Asia Pacific Consulting Divisions, page-23

  1. 1,565 Posts.
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    johnkovacc

    Possibly some shareholders just cashing in.

    I suspect the PE boys might be buying up. When the cash return whether capital or dividend comes out the SP should be a lot higher than $0.04 when the shell still has an operating business with a $4.1m EBITDA, cash of circa $0.16 and potential further cash as the wind down of the projects crystalizes over the coming months!

    I am going to just and wait, No Rush!
 
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