CDA 0.19% $15.80 codan limited

Ann: Codan wins contract, page-6

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  1. 15 Posts.
    @billyen please don't tell me you have lost faith. I'm glad to see that you made it out of the ER department alive and no doubt enjoyed the small increase today.

    I think that since November last year, they have have improved on their reporting to the market. Small steps such as publicly providing analyst/broker reports, this announcement(although I do question why they released it when the market closed), the tone of communication within the half yearly results to Dec 15; give me confidence that management and the board are moving in the right direction with what should be given to the market to sustain confidence in the company and in their future results. I look forward to future updates.

    I think that they will probably hover around this 75 to 80 cent range for sometime, and considering you could pick the shares up at 54 cents only 6 weeks ago - isn't a bad return for the lucky ones who did get in at basement prices.

    If they continue to produce solid results in line with expectations as set by brokers (http://www.codan.com.au/Portals/0/o...nvestment Equity Research Report_Feb 2016.pdf) I have no doubt the share price will continue to rise. Hang in the @billyen . I enjoy your informative thoughts and input.
 
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Last
$15.80
Change
0.030(0.19%)
Mkt cap ! $2.785B
Open High Low Value Volume
$15.80 $15.97 $15.70 $2.528M 159.6K

Buyers (Bids)

No. Vol. Price($)
1 343 $15.79
 

Sellers (Offers)

Price($) Vol. No.
$15.81 803 2
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