CDA 1.04% $16.08 codan limited

hello Contrarian. this stock is one of my rule exceptions of...

  1. 37 Posts.
    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
 
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Last
$16.08
Change
0.165(1.04%)
Mkt cap ! $2.785B
Open High Low Value Volume
$16.00 $16.15 $15.81 $2.442M 152.6K

Buyers (Bids)

No. Vol. Price($)
7 138 $16.07
 

Sellers (Offers)

Price($) Vol. No.
$16.08 195 5
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Last trade - 14.19pm 25/11/2024 (20 minute delay) ?
CDA (ASX) Chart
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