CDM 0.69% 73.0¢ cadence capital limited

Based on the information in the releases, it would be difficult...

  1. 998 Posts.
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    Based on the information in the releases, it would be difficult to work out an exact NTA uplift. I would say you can get a pretty good guess of the quantum as follows:

    DeepGreen was 2.8% of portfolio. Assuming a total portfolio of ~$330m the investment would be $9m.

    It is carried at $1.38USD, current price is $10.60USD. (Note: Price is volatile af was up 14% the night before and down 6% last night and a further 3% aftermarket).

    With those prices, the investment in DeepGreen would be worth $70m. Gain of $61m would move Pre Tax NTA by 18%. Either way expect a nice bump up on Monday... If you haven't been watching the directors have been buying fairly decent chunks as of late. Follow the money.

    DATE CHANGE for DTN #2021 - 34: Sustainable Opportunities Acquisition Corporation to Begin Listing and Trading as TMC the metals company Inc. on Nasdaq on Friday, September 10, 2021.

    Note: SPAC listings has of late been very volatile see IronNet. So this could even get pumped higher.
 
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Last
73.0¢
Change
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Mkt cap ! $218.2M
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72.5¢ 73.0¢ 72.3¢ $261.1K 359.9K

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Price($) Vol. No.
73.5¢ 58443 4
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Last trade - 16.10pm 14/06/2024 (20 minute delay) ?
Last
72.5¢
  Change
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Last updated 11.04am 14/06/2024 ?
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