Cardno came out of a trading halt on Monday 17/3 to announce another acquisition, this also coincided with going ex dividend. The shares hit a low of $5.94 on resumption of trading and 10 trading days later 28/3 finished at $7.08. A very strong performance with a very attractive and stable fully franked dividend. This has been a very good long term investment post GFC and if you follow it closely is also a great trading stock. Very little discussion about Cardno on HC so is worthy of research IMO.
CDD Price at posting:
$7.08 Sentiment: Buy Disclosure: Held
