Originally Posted by
blackcap
So what do you think is required for fair value to arrive?
I agree with Black Peters posting that it is a variety of factors holding the share price back. Xenephobia may be one, also forgot about the MCK control etc.
So maybe if CDI were to extract fair value they need to...
1. make the board more "white middle aged men" (sarcasm here but probably a big hint of truth behind the statement unfortunately)
2. open up the register
3. communicate better with shareholders
Anyone else willing to add to the list feel free.
I find it astounding that they have almost doubled H/Y profits, the outlook is for the same for FY 17 and the share price has moved but 10%.
Does this make it more "undervalued" than it was a week ago?