I'd say the demerger consideration is so CDM can lock in their performance fees, rather than risk it falling.A one asset LIC, with a very small holding of their asset at that, and with the low market cap it would have, would likely trade at a decent discount to NTA.
No purpose except management fee certainty IMO.
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Last
66.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $196.5M | |||
| Open | High | Low | Value | Volume |
| 66.0¢ | 66.0¢ | 66.0¢ | $10.88K | 16.49K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 20500 | 66.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 66.5¢ | 9600 | 1 |
View Market Depth
| Last trade - 10.03am 30/07/2025 (20 minute delay) ? |
| CDM (ASX) Chart |