CDD 1.56% 31.5¢ cardno limited

Not sure why the SP is not moving up.Management provide guidance...

  1. 1,573 Posts.
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    Not sure why the SP is not moving up.

    Management provide guidance and then over deliver for the last financial year.

    They have provided a guidance for the 21 year and I suspect they will over deliver.

    The SP at $0.315 values the business at a 5 X's multiple which is very low for a business with no debt

    At some stage this will be re rated
 
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