pallister, you maybe right, yes or no we will know soon enough with the up coming results!
but the effort you put into telling us that codan is no good. Is questionable, either the sky is really falling in or there is a hidden agenda do not know.
All I know is that at $0.54 cents the dividend yield is at 6.5%(with franking is very nice) and the current rate of 3.5 cents pa does look sustainable at current levels of profitability.
cheers and good luck
by the way the Dubai office established to service Africa, tell me another one a lot of demand for metal detectors in the middle east today.
cheers
CDA Price at posting:
54.0¢ Sentiment: Hold Disclosure: Held