Guys
the phenomenon of stocks going down because of their perceived place in a sector is not unique. I was listening to one of my favourite fund managers saying the same thing is happening with their portfolio globally and domestically . Coincidentally this fund manager ( Ophir ) is a fan of CDA and recently increased their position
I have been in the market long enough to see the value / SP disconnect go to extreme levels. Sometimes the SP is sold down where you start seriously wondering whether something is a miss , but in most cases the value and SP realign
CDA have confirmed they are going well so one can be relatively confident the SP represents sold value. I bought today on open and bought two more lots at 8.62 and 860
Guys the phenomenon of stocks going down because of their...
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Last
$15.86 |
Change
0.500(3.26%) |
Mkt cap ! $2.879B | |||
| Open | High | Low | Value | Volume |
| $15.39 | $15.88 | $15.36 | $3.659M | 232.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1159 | $15.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.86 | 1812 | 1 |
View Market Depth
| Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
| CDA (ASX) Chart |