CDM cadence capital limited

Ann: Investment Update and NTA April 2023, page-4

  1. 48 Posts.
    lightbulb Created with Sketch. 7
    53.5% held in cash. Seriously, if I wanted my investment held in cash, I'd put it into a bank deposit where it was earning interest, not in an LIC where its costing me an extra 1% in management fees. I understand that an LIC may want to hold some level of cash for future opportunities, but if you can't find anything better than cash to hold over half of your assets in then maybe you shouldn't be running an LIC.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
63.5¢
Change
0.005(0.79%)
Mkt cap ! $189.0M
Open High Low Value Volume
64.0¢ 64.0¢ 62.0¢ $686.4K 1.084M

Buyers (Bids)

No. Vol. Price($)
1 7000 63.5¢
 

Sellers (Offers)

Price($) Vol. No.
64.0¢ 116693 3
View Market Depth
Last trade - 16.10pm 24/06/2025 (20 minute delay) ?
CDM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.