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there are plenty of successful businesses that grow via...

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golddigger741

447 Posts.

73

01/08/23

14:58

Post #: 69101899
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Originally posted by anonamouse: ↑

If you have to acquire to grow the business, it can point to little to no growth in existing business.

This could be a red flag. It all depends. Just be ready to dump and run on the day in case. I will make my decision whether or not to hold or reduce or sell on the day.

Sometimes acquisitions are great, but mostly history shows not the case.

No guarantees either way. It may be a risk. Trading halt worries me somewhat too.

Who knows! Just be ready everyone!

FYI I have been a long time holder and was waiting for all the new projects to do well, but now they are acquiring yet again? Might be too soon?

I have changed my sentiment to hold from buy for now.

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there are plenty of successful businesses that grow via acquisition. Constellation Software Inc is a great example of that.

CDA Price at posting: $7.51 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $10.88		Change 0.050(0.46%)		Mkt cap ! $1.972B

Open	High	Low	Value	Volume
$10.83	$10.90	$10.69	$2.800M	259.8K

Buyers (Bids)

No.	Vol.	Price($)
2	1137	$10.83

Sellers (Offers)

Price($)	Vol.	No.
$10.89	643	1

View Market Depth

No.	Vol.	Price($)
1	189	11.420
1	1	10.900
1	46	10.880
1	1	10.750
1	1644	10.710

Price($)	Vol.	No.
10.900	4300	1
10.950	10000	1
10.990	1500	1
11.000	795	2
11.020	300	1

Last trade - 16.10pm 06/06/2024 (20 minute delay)


Last $10.87			Change 0.050 ( 0.20 %)
Open	High		Low	Volume
$10.80	$10.92		$10.68	71659
Last updated 15.59pm 06/06/2024 ?

CDA (ASX) Chart