CDD 32.4% 24.5¢ cardno limited

Aquisitions, page-6

  1. 2,211 Posts.
    lightbulb Created with Sketch. 48
    This ones just ticking along, as long as the price was O.K. I can't see the harm.

    This acquisition mode is different from the last one, spending tens or hundreds of millions.

    If they get it wrong it's not a big loss, if they get it right it's an increment to earnings.

    Still holding 96,000 for the long haul, they only bought back around 1.5% last year which is a little dissapointing. They are hoarding more cash than they need.
 
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