CDD 2.33% 42.0¢ cardno limited

Ann: Notice of Extraordinary General Meeting/Proxy Form, page-7

  1. 3,606 Posts.
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    I expect the share price to rise as:
    1. They have locked in the exchange rate, reducing risk,
    2. Confirmed $1.49 total return, at the top of their original guidance.

    There will be plenty of super funds in pension mode which pay no tax and willing to buy. Even a small return is better than leaving funds in a bank account earning near zero interest.

    There was huge buying interest at the closing auction today, several buy orders of over 200,000 shares each at a premium price, $1.585-$1.60 .
    There was no trading in the auction because of the late announcement.
 
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Last
42.0¢
Change
-0.010(2.33%)
Mkt cap ! $16.40M
Open High Low Value Volume
43.0¢ 43.0¢ 41.0¢ $17.00K 40.60K

Buyers (Bids)

No. Vol. Price($)
1 2461 42.0¢
 

Sellers (Offers)

Price($) Vol. No.
43.0¢ 39602 2
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Last trade - 16.10pm 24/07/2024 (20 minute delay) ?
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