CDD cardno limited
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Newsflash - Cardno had been taken over by Crescent Capital...

  1. JBoo
    494 Posts.
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    15/04/21
    19:17
    Post #: 52499565
    Newsflash - Cardno had been taken over by Crescent Capital Partners.

    In 2015.

    The main question now is who will Crescent find to flog their majority stake in CDD, and for how much.

    They paid $3.45 a share back in the days, though in the meantime their entry price got diluted with CRs, buy backs, and ITG spin-off.

    But considering how much they paid overall and currently booming market, their desired sell price for CDD should be closer to $2.

    CDD Price at posting: 74.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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