going long at $1.65, page-5

thankyou for the brave comment, but the call was not that heroic, I feel codan at the right price is a good investment
with a margin of safety. Its very good in its niche market and is not one product company, my opinion.despite the minelab product.
Using the past and projecting a future value is a common technique of value investment so no big deal there.
to me the protential value of the share is $4.46,which is a future value calculation.
interested in hearing other peoples opinion,
anyway will not buy greater than $1.65 and bought on the current drop.
in fact I am more conservative than the skafold calculations.
cheers
the timeline and calculations and cagr rates will keep to myself,