CDD 4.35% 24.0¢ cardno limited

Capital Raising, page-137

  1. 336 Posts.
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    I accept that I do not fully understand this business and I am endeavoring to correct that. The business is obviously much more complicated than GRR's. It looked to me that there was an opportunity here so I jumped on it without spending alot of time acquainting myself with the business. Risky approach no doubt, but so far as the sp is concerned, it has provided me with a significant safety margin. Would I buy more if the share price fell 50%? That would depend on my level of conviction at the time and the size of my current holdings relative to all others. Obviously there is more research I can and will do in the meantime. Thanks again for your insights which I very much appreciate.
 
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