Having a look through their website just for funsies.... Apparently it's their policy never to average down, actually they seem to be doing the opposite. From a mathematical standpoint this is nonsensical. i.e. buy more when expensive and buy less when cheap. Good luck to them i guess.
http://cadencecapital.com.au/about-us/investment-philosophy/
Ann: Becoming a substantial holder from CDM, page-6
Add SHJ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
87.5¢ |
Change
0.010(1.16%) |
Mkt cap ! $151.5M | |||
| Open | High | Low | Value | Volume |
| 86.5¢ | 87.5¢ | 86.5¢ | $8.66K | 10.01K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1397 | 86.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 89.0¢ | 45599 | 2 |
View Market Depth
| Last trade - 15.34pm 08/11/2024 (20 minute delay) ? |
| SHJ (ASX) Chart |