CDD is now trading in an uninformed market, what is behind an immediate CEO resignation usually some serious financial trouble. There could be a suspension while the outlook is checked, surely the board must have an idea of the first half results.
Unless you are shorting it avoid as a new CEO is likely to take an axe to asset values, the purchase of the USA oil and gas consultants early last year now looks like a dog. It may end up paying no divvy due to potential write downs and then it will really hit the skids with a pile of debt to service and who knows what debt covenants there are.
better to stay out until the water clears IMO.
CDD is now trading in an uninformed market, what is behind an...
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CDD (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
26.5¢ |
Change
0.015(6.00%) |
Mkt cap ! $13.28M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 29.0¢ | 23.5¢ | $28.94K | 116.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 23079 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 5500 | 1 |
View Market Depth
| Last trade - 11.52am 04/12/2024 (20 minute delay) ? |
| CDD (ASX) Chart |
