CDD 3.26% 23.8¢ cardno limited

Capital Raising, page-166

  1. 336 Posts.
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    The working capital ratio should be slightly over 2x. I don't see any issue there. It looks like the worst is now behind us -- debt under control, and serious cost cutting under way. So I do not expect another cr. I agree with @croasian & others here that the sp will be $2 plus in 18-24 mths from now. I bought in fairly recently at a low price, and with a view to holding long term. GLTAH & DYOR.
 
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