Thanks for that. To be fair CDD did flag 3-5m last year spent to update their IT systems do you think that will help?
I don't pass judgement but private equity running an engineering firm?
To me it's dollars and cents I love shitty management as they produce undervalued companies.
As an engineering geologist @Germantheologist what do you think about the oil price? Now that I have stopped sinking my funds into the black hole of Cardno I have been sinking them into the black hole of Santos because I believe underinvestment is going to lead to a sustained recovery in the oil price in a year or two and this company is large and highly leveraged to the recovery.
CDD is not so cheap anymore can consider other options..
News: CDD Cardno seeks trading halt, page-74
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Last
23.0¢ |
Change
0.010(4.55%) |
Mkt cap ! $13.28M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 23.0¢ | 22.0¢ | $15.44K | 70.14K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4646 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 29891 | 1 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| CDD (ASX) Chart |
