I’m not holding now, but have held in the past and keep an eye on it.
My question is: why has the price been so strong recently? I cant see any change in the fundamentals which would justify the strength.
The overall market has shown weakness, but CDA has been powering ahead.
Perhaps some recent presentations or broker/tipster coverage has increased short term buying demand.
Normal for these thinly traded micro caps to jump on increased coverage or news, then drift down on lack of news.
CDA, why the drop today?, page-2
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 (20min delay)
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Last
$15.80 |
Change
0.030(0.19%) |
Mkt cap ! $2.785B | |||
| Open | High | Low | Value | Volume |
| $15.80 | $15.97 | $15.70 | $2.528M | 159.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 343 | $15.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.81 | 803 | 2 |
View Market Depth
| Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
| CDA (ASX) Chart |
