CDA 0.19% $15.80 codan limited

CDA, why the drop today?, page-4

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    I acknowledge the agreement with CAT, announced on 22/2 along with the half year results. That was a change in the fundamentals which caused the share price to jump as high as $2.44 in the following few days.

    By "recent", I am referring to the time since 16/3, a few weeks after any announcement about the business fundamentals. On 16/3, the closing price was $2.38, on 29/3 the closing price was $2.58, that's a 8.4% rise.
    In comparison, in the same time, the XJO index has dropped from 5,949 to 5,759, that's a 3.2% drop.
 
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