Yes, I agree Germantheologist. There’s 8 cents in cash and a business that shares most of its offices with the old parent company with an EBITDA of $4.1m on revenue of $158m in FY21 (compared to EBITDA of $2.7m on revenue of $350m in FY20) . Surely it cant be worth any more than $15m which is equivalent to 4c per share. Add in 8c cash and it’s worth 12c. That tallies with the average last day CDD ex price of $1.60 less the $1.49 return. So why are so many people now buying at almost double that?
Ann: Return of Capital - CDD, page-33
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CDD (ASX) to my watchlist
 (20min delay)
|
|||||
|
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 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| CDD (ASX) Chart |