cdi

It appears that CDI - Challenger Diversified was listed in 2006 and commenced trading in the vicinity of $4.00 per share/unit. Like most A-REIT's the share price was savaged between November 2007 and early 2009. Since then there has been a slow improvement in the share price. However the share...

ok, so im a newbie as the question may demonstrate.. Ive been keeping an eye on SUM for a few weeks and noted the 7.5% decline in SP today and am wondering if this is due to issuing by the company of around 2.5 million CDI's? Does this issue of another x% shares directly influence/devalue...