thankyou for the brave comment, but the call was not that heroic, I feel codan at the right price is a good investment with a margin of safety. Its very good in its niche market and is not one product company, my opinion.despite the minelab product. Using the past and projecting a future value is a common technique of value investment so no big deal there. to me the protential value of the share is $4.46,which is a future value calculation. interested in hearing other peoples opinion, anyway will not buy greater than $1.65 and bought on the current drop. in fact I am more conservative than the skafold calculations. cheers the timeline and calculations and cagr rates will keep to myself,
CDA Price at posting:
$1.81 Sentiment: LT Buy Disclosure: Held
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