I think the recent declines are less about fundamentals and more about manipulation. it would suit a lot of people for a significant defense contractor in Australia to be under a little stress.
Also I firmly believe new entrants into indexes (ASX200) often decline for some time immediately after entry into the index. MP1 is another good example here. The march up will resume usually after a 40-50% decline from the 52 week high achieve around the same time as index admission.
We could easily see the share price recover back to the 52 week high and then move higher in the next year.
Then theres the fundamentals, outstanding in the case of CDA.
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