Morningstar's quote.
"Gearing is expected to increase in tandem with Cardno's growth strategy - with net debt to equity growing to 23% in FY12 and 28% in FY13. Although gearing remains conservative, the shear number of acquisitions in FY11/12 and the expected growth strategy leading into FY15 is of slight concern."
"We remind investors an aggressive acquisition strategy also increases the probability of dissappointment"
Looks like we're not alone in our thinking.
Kybosh
Morningstar's quote."Gearing is expected to increase in tandem...
Add CDD (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
44.0¢ |
Change
0.015(3.53%) |
Mkt cap ! $17.18M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 44.5¢ | 43.0¢ | $43.07K | 98.84K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 101 | 42.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 1069 | 2 |
View Market Depth
| Last trade - 15.43pm 30/07/2024 (20 minute delay) ? |
| CDD (ASX) Chart |