CDA 0.41% $15.84 codan limited

CDA's share price preformance has been very good for the past...

  1. 2,525 Posts.
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    CDA's share price preformance has been very good for the past couple years, so taking money off the table and a drop in the share price does not surprise. In addition for the technical ones amongst us there is a gap on the daily chart at plus or minus $1.86. And in the past cda has closed a gap even after a long duration.
    To me the surprise is in the current space and hype of high tech wonders , CDA has been over looked . Its was a Codan's hand held detector that an amateur used to find that huge nugget in WA.
    At a Roe of 19% , no debt cash in the bank, close to a 50% payout ratio, a large R & D department, new products always in development, servicing military contractors etc all with a P/e of 11x it should be at 15x.
    Codan in my opinion is underrated needs a little more investment in PR . or I have overlooked something.
 
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Last
$15.84
Change
0.065(0.41%)
Mkt cap ! $2.785B
Open High Low Value Volume
$15.80 $15.97 $15.70 $1.663M 104.8K

Buyers (Bids)

No. Vol. Price($)
10 248 $15.83
 

Sellers (Offers)

Price($) Vol. No.
$15.84 477 7
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Last trade - 15.40pm 28/11/2024 (20 minute delay) ?
CDA (ASX) Chart
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