Its definitely on its way.
I would only assume that the current performance is good as the board is still executing the buy back. If the results weren't impressive one would think they would back off on the buy back at these levels.
A 10% reduction is shares and an improved profit result will make the SP sky rocket well above $1.00
The real question is how much higher than $1.00 will it go? & will someone step in and make a takeover attempt before it gets too far above that level?
Is CDD heading to $1?, page-4
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 (20min delay)
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Last
29.0¢ |
Change
0.005(1.75%) |
Mkt cap ! $11.32M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.0¢ | 29.0¢ | $2.763K | 9.526K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1902 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 81933 | 4 |
View Market Depth
| Last trade - 15.50pm 20/05/2024 (20 minute delay) ? |
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Last
29.0¢ |
Change
0.005 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 29.0¢ | 29.0¢ | 29.0¢ | 2226 | ||
| Last updated 10.40am 20/05/2024 ? | |||||
| CDD (ASX) Chart |