CDA 0.13% $15.91 codan limited

Prospectus - those were the days

  1. 24 Posts.
    I just had to relive those moments when the prospectus came out and saw those smiling faces...including Dopey.

    Key Investment Features:
    Track record of sustained profitable growth

    "Codan has a track record of strong and sustained profitable growth.
    Over the ten year period ended 30 June 2003, compound annual growth
    in revenues and after tax profits of 15% has been achieved"

    Damn did it look sexy then with such promises and what lines it could draw...now 12+ years later....management keeps smiling and the stock has lost and lost and lost....good job Dopey...you are still there and a multi millionaire....let's make sure that you bring out another shareholder vote to increase the shares of the board tied no performance and you get to see how you mad it form your "senior positions with various companies including Southcorp, Tenneco Automotive, Chief Kitchenware, Clarks Shows and Marshall Furniture"

    You have come a long way Dopey.
 
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