CDS have now reverted to their knitting. The Copa Water add on was not performing well. The Copa Water add on was originally part of the failed HWE and they have had a history of underpricing jobs and underperforming. They mainly concentrated on construction contracts of wastewater and water plants. CDS original and well performing business is technology based and provides stormwater treatment units, and other manufactured treatment systems (as distinct from contracting).
Just the same, I am a short term trader. I bought on rumour and sold out at $2 this week and took my profit. It was down to about $1.60 a week or so ago. But now they are cashed up and returned to what they are good at, it might be worth holding long term. Do your research and make your decision!
I reckon in this s/market game there are too many unknowns. I am happy to take 3-5% profit over a couple of weeks and leave some profit for others!!!!
regards
boomma
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