cda acquires all minitec shares, page-3

hello Contrarian. this stock is one of my rule exceptions of averaging down. I have been buying these from $1.50 down to $1.20. Missed the sub $1.20 as i had no spare cash. Still in the red but not worried at all just wish i could get more. My take on this one is that it is a market leader internationally with its HF radios and a growing presence in the metal detectors. The ROE numbers are very good. It seems to be paying down debt at a reasonable pace. Pays a good dividend. I come up with a valuation in the high $4's so i need to revisit that one as i must have something wrong in my calc's. Market cap is high enough not be considered a micro cap so can't understand why the fund manager's have not picked this one up