CDA 0.13% $15.91 codan limited

The share price has proved me correct on this one, but now they...

  1. 4,601 Posts.
    The share price has proved me correct on this one, but now they are doing package deals on the GPZ7000 and SDC2300 , sales have stagnated and there are plenty of 7000 detectors on the second hand market for $8500 and going lower, this will reduce new sales, i cannot see the casual user forking out $10700 for a GPZ or $11500 for the package.

    There is new detector technology coming onto the market next year that could knock the small puff of air out of what remains of minelab/codan sails or sales.

    They fixed the doughnut problem with the gpz, funny how the beta testers never made mention of the ground balance issues with their glowing reports... credibility is going south.
 
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