Less than 5k in shares knocked the company's shares up 4 cents on Friday. That's 7M in market cap, in 1 day!
Could you image what 20k-30k of buy orders a day would do for a couple months? Easily puy this stock over $1.30.
The same reasons why the share are trading at these levels puts the stock back up.
All I'm saying is 100k+ a week. 400k a month. 1.2 million over 3 months.
Yet the company has 20M+ of cashflow and 40M+ of low interest credit and they won't even buy back 1% of their company because they want to blow it all on R&D?
It defies logic.
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CDA
codan limited
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$20.12

Stock BuyBack- Codan., page-11
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Last
$20.12 |
Change
0.040(0.20%) |
Mkt cap ! $3.653B |
Open | High | Low | Value | Volume |
$20.20 | $20.36 | $20.05 | $7.827M | 387.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1149 | $20.03 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$20.16 | 1149 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1149 | 20.030 |
1 | 1718 | 20.020 |
3 | 2309 | 20.010 |
1 | 25 | 20.000 |
2 | 2499 | 19.980 |
Price($) | Vol. | No. |
---|---|---|
20.160 | 1149 | 2 |
20.180 | 1149 | 1 |
20.200 | 1149 | 1 |
20.210 | 350 | 1 |
20.220 | 1149 | 1 |
Last trade - 16.11pm 24/06/2025 (20 minute delay) ? |
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CDA (ASX) Chart |