No mention of any possible takeover and no mention of UBS, McCullough Robertson advice or actions for Cardno.
Seems Richard Wankmuller will detail a 100 day plan in October and has a sense of optimism that Cardno is in a storm, but is going to weather better than some others.
Good to see the strengthening of the USD against AUD having a positive hedging impact for Cardno.
Not so positive about the impairment, high margins being eroded or share price slide.
Its a 7c dividend fully franked, 2.6% yield. A risky buy given the share price slide today, but the sentiment here is a risk buy.
Cardno full year results announced 10am AEST today, page-2
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Last
26.5¢ |
Change
0.015(6.00%) |
Mkt cap ! $13.28M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 29.0¢ | 23.5¢ | $28.94K | 116.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 23079 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 5500 | 1 |
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| Last trade - 11.52am 04/12/2024 (20 minute delay) ? |
| CDD (ASX) Chart |
