If you take a look at the 5 year chart on CDA, its on a classic uptrend. It appears as though it might test the $2 mark this year and possibly above. So it should, as this stock is still undervalued, even at $3.
It would be diificult to lose out medium to long term with this company, due to great management and the demand for their equipment in the mining sector.
DYOR.
Regards,
Contrarian.
some evidence that cda will test $2 this year
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Last
$15.91 |
Change
0.020(0.13%) |
Mkt cap ! $2.785B | |||
| Open | High | Low | Value | Volume |
| $16.00 | $16.05 | $15.90 | $4.580M | 287.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1164 | $15.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.92 | 1922 | 2 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| CDA (ASX) Chart |
