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 !
CDR is a 1.5% - 2% business in fair weather only.Everytime CDR...
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Last
3.4¢ |
Change
-0.001(2.86%) |
Mkt cap ! $7.028M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.4¢ | 3.4¢ | $7.223K | 212.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 226221 | 3.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 155197 | 1 |
View Market Depth
| Last trade - 10.00am 25/06/2025 (20 minute delay) ? |
| CDR (ASX) Chart |