CDA 0.13% $15.91 codan limited

Youtube videos suggest the Minelab 7000 is a winner, page-38

  1. 42 Posts.
    Is the world coming to an end? Is the apocalypse upon us? Looking at the front page of various news papers you'd think that would be the case
    Codan posts a NPAT rise of ~40% and the share price drops 20%...
    Did the markets they operate in die overnight? Did a competitor release a magic gold detector or something?

    I'm happy with the business fundamentals, my only gripe is that I don't have the spare change to buy more and the patience required to stick around for another 6-12+ months. Hopefully management can be a bit more proactive with communicating to the market as well.
 
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