CDM is probably too close to current NTA for him to be interested but I am intrigued about how his strategy will play out as IMO it will have the effect of reducing discounts generally across the ASX. Regardless you would get your say by vote - I suspect however that there are a lot of disgruntled older long term holders in CDM who are down from the lofty $1.50 SP about 8 years ago and would probably take any good price at a premium to the current NTA. If you are a more recent holder then good on you and you have the right attitude towards such a position.
CDM Price at posting:
$1.09 Sentiment: Hold Disclosure: Held
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