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/
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Mkt cap ! $120.5M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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