CDD 2.38% 43.0¢ cardno limited

Great outcome.Potential return from sale $1.49/shareCash...

  1. 1,561 Posts.
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    Great outcome.

    Potential return from sale $1.49/share
    Cash retained in CDD ~ $0.16
    Ongoing entity EBITDA $4.1m @ 8 x Multiple = $32.8m or $0.08/share

    Upside is the wind down of the other business which will release further cash

    Net position +$1.73
 
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