I remember data3 had a bad update due to supply chain issues of computer hardware and that tanked about the same margin down to 4.40. I bought on that dip think knowing 4.50 was cheap. Now recovered back to the original price but that was also on the news of director buying.
I'm tempted to buy the dip here as well. But this time we don't have any director buys. And we also have gold price trading sideways.
But if gold takes off, the CDA share price will go up with it as I assume metal detectors will be in more demand again.
So we have to hope the gold price will go up to improve the guidance
CDA Price at posting:
$10.95 Sentiment: Hold Disclosure: Held
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