CDD 1.28% 39.5¢ cardno limited

Yes, I agree Germantheologist. There’s 8 cents in cash and a...

  1. 276 Posts.
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    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?
 
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Last
39.5¢
Change
0.005(1.28%)
Mkt cap ! $15.03M
Open High Low Value Volume
39.0¢ 39.5¢ 38.5¢ $6.504K 16.89K

Buyers (Bids)

No. Vol. Price($)
1 10289 38.5¢
 

Sellers (Offers)

Price($) Vol. No.
39.5¢ 1296 1
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Last trade - 12.14pm 28/08/2024 (20 minute delay) ?
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