CDR codrus minerals limited

CDR is a 1.5% - 2% business in fair weather only.Everytime CDR...

  1. 6 Posts.
    CDR is a 1.5% - 2% business in fair weather only.

    Everytime CDR bid for any new IT gig (hardware, comms, services), they massively drop price (and margin) by removing risk & contingency. They are commonly known in the industry as opportunistic and desperate. When IT deals go wrong (80% of the time), this is where the CDR profit goes.....and goes....and goes.

    Optus don't need or want such a low-margin business, particularly if it comes at a $70M bail-out premium and specifically when most of the value (client relationships, good sales and delivery folks) have been transfered to the franchisees.

    Watch SP-Tel.......they are silly enough to make a play !
 
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(20min delay)
Last
3.9¢
Change
0.001(2.63%)
Mkt cap ! $8.062M
Open High Low Value Volume
4.0¢ 4.0¢ 3.9¢ $11.69K 293.6K

Buyers (Bids)

No. Vol. Price($)
1 26315 3.8¢
 

Sellers (Offers)

Price($) Vol. No.
4.0¢ 109815 2
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Last trade - 15.17pm 19/06/2025 (20 minute delay) ?
CDR (ASX) Chart
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