Codan Release Investor Presentation

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May 17, 2020
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New presentation released by Codan today on the ASX on the back of a record share price $10.60 ( +18% today) , $348 m revenue and profit of $64m.
Only mention of a new release in recreational division is a new GPX to sit under the GPZ 7000, which everyone knows already.
Looks like the same slides from the last were simply updated.
Still flagging 5 key products under development in FY21.

1597895867_codan_asx.jpg
 
Read this morning that one of those 5 new key products is a counter-mine detector
 
EVIE/BEE said:
I sold my 5000.
Now using a GP3500. Nothing wrong with the 5000 i just prefer the analogues.
The digitals have too many options and i only use one preferred setting anyway. I'm just lazy. :|
Codan can survive without my donation. :zzz:

Just curious, what coils you running on the 3500?
 
Sorry for not replying sooner 'Phase Tech' i been out in the bush. (bliss).

I was on pretty hot ground a couple of days ago and picked up a 0.2 gram scrapper at about 4 inches with the standard 11 inch DD in tracking mode and slow balance, i find those settings with the DD coil remove any interference from hot rocks. I also like my older 14 inch coiltek DD (The brown one).
However in quieter ground i prefer the 14 inch advantage mono in fixed.
Why do you ask mate???
 

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