I agree to an extent, but a positive market announcement is likely to result in a short-term bounce, holders/traders will exit to lock-in profits or limit losses, causing the stock price to give back most/all of the gains within a week or two. This scenario has been playing out across the ASX for the majority of this year.
The ideal situation is for CDA to form a constructive base, macro conditions to bottom and then broader market sentiment to start improving again, then increase the newsflow to sustain positive momentum.
- Forums
- ASX - By Stock
- Ann: FY22 half-year investor presentation
CDA
codan limited
Add to My Watchlist
0.68%
!
$20.84

I agree to an extent, but a positive market announcement is...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
$20.84 |
Change
0.140(0.68%) |
Mkt cap ! $3.770B |
Open | High | Low | Value | Volume |
$20.68 | $20.87 | $20.51 | $4.219M | 203.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
25 | 785 | $20.84 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$20.85 | 124 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
27 | 822 | 20.840 |
15 | 668 | 20.830 |
10 | 760 | 20.820 |
8 | 361 | 20.810 |
6 | 938 | 20.800 |
Price($) | Vol. | No. |
---|---|---|
20.850 | 124 | 9 |
20.860 | 376 | 5 |
20.870 | 881 | 7 |
20.880 | 833 | 6 |
20.890 | 1166 | 7 |
Last trade - 14.40pm 31/07/2025 (20 minute delay) ? |
Featured News
CDA (ASX) Chart |