Yes I agree it is a big chunk, why? because he can get away with it. As I mentioned is likely to drag on fund performance and nta if dividends are to be maintained.
Look at any of the new batch of LIC'S they seldom trade at a premium to NTA for long.
Now that most of the fat is out of RHG show me what else CDM has that is likely to support the premium the market is paying?
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Last
67.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $199.5M | |||
| Open | High | Low | Value | Volume |
| 66.5¢ | 68.0¢ | 66.5¢ | $64.12K | 95.82K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 67.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 68.0¢ | 44640 | 2 |
View Market Depth
| Last trade - 13.27pm 25/07/2025 (20 minute delay) ? |
| CDM (ASX) Chart |