Guys
the phenomenon of stocks going down because of their perceived place in a sector is not unique. I was listening to one of my favourite fund managers saying the same thing is happening with their portfolio globally and domestically . Coincidentally this fund manager ( Ophir ) is a fan of CDA and recently increased their position
I have been in the market long enough to see the value / SP disconnect go to extreme levels. Sometimes the SP is sold down where you start seriously wondering whether something is a miss , but in most cases the value and SP realign
CDA have confirmed they are going well so one can be relatively confident the SP represents sold value. I bought today on open and bought two more lots at 8.62 and 860
Ann: Trading Update, page-40
-
- There are more pages in this discussion • 15 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 CDA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$16.13 |
Change
0.030(0.19%) |
Mkt cap ! $2.928B | |||
| Open | High | Low | Value | Volume |
| $16.23 | $16.37 | $16.01 | $6.086M | 376.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1065 | $16.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.15 | 690 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| CDA (ASX) Chart |