CDA 0.28% $10.66 codan limited

I topped up at $8.72 & am now averaged out at $9.01. Figures...

  1. 305 Posts.
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    I topped up at $8.72 & am now averaged out at $9.01. Figures will be released 2 weeks today & logic & history suggests the SP should recover to $13-/$14- especially when the trading update confirmed "finished the first half strongly & our profit will be a record first half result". With net profit up 21% on the PCP a f f dividend of 20c is not unrealistic.
    Codan by it's own admission is a technology company but it is in no way comparable to Meta, Alphabet, Apple, Amazon etc. & the sell off is just plain senseless.
    I'd buy more at this price if i had the money.
 
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