bid on its way..., page-18

stockrock have a look at the thread on CDR the numbers.I looked at an estimate of what I thought it was worth and after a 4 year payback it came out at 30c a share.It maybe worth a bit more but I couldn't see it going for a much higher figure - people have been saying its worth 90c but the figures don't tell me that.One thing I would say is if the price is cheap why hasn't someone moved in and bought shares on market they have had plenty of time.It will be interesting to see what happens