Hey guys, I'm pretty new at this investing thing ... however I saw a great opportunity to invest in CDA back in 2019 knowing that the MC market is still in its infant stages in AU and I saw how large it is in the USA and the potential for financial reward in the future. I saw it as a long term investment and gave it a 3 year turn around after reading through all the literature that CDA provided to us crowd funders (rats and mice lol). My initial investment at the completion of this merger will have returned almost 3x ... As it stands, I will likely cash out my initial crowd fund investment once the merger finalises and keep the remaining stocks in the merged company.
CDA has delivered in all its business growth models and I believe it will continue to do so merged with CAU. CDA is very active publicly via media with Dr Ben Jansen and is becoming a very well-known and well-trusted company. I don't see the MC industry booming in AU like it is currently in the US for at least another 7+ years, so I'm not expecting to make any major returns during that time. The MC industry is on the up in AU and CDA has a knowledgable team that will only benefit the CAU merger and shareholders of both companies in the long term. I'll be holding on to this and I'm excited to see where this goes in the future.
Thanks for all your posts, I'm learning a lot! Cheers!
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