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/
SHJ Price at posting:
74.0¢ Sentiment: Hold Disclosure: Held
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