Early this year I sold some C D A. shares for around $19. With the benefit of hindsight (1) I would have sold more. (2) The buyer`s of my shares WOULDN`T have been . The future departure of Don M`Gurk is a big negative, but despite this, I believe that C D A. will continue to be an exceptional business. Acquisitions without dilution (and cashflow positive ) ,skilled staff , I.P., V good earnings growth and R O E etc. I predict 2021/22 PE / G < 1 (@ $10 however I expect a higher share price ) I recently bought C D A. shares for $12.50 & $10.20 . The number of shares I now have is close to what I originally bought in Jan & Feb 2016. About $30k spent on C D A. at 70 cents is an unlikely to be repeated investment ! I agree with everything that Peteranaka said about C D A. $1.50 was great buying , but less than half that is even better.!!
DYOR Ian D
CDA Price at posting:
$10.21 Sentiment: Buy Disclosure: Held
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