Are they really shorting banks? They say they're shorting financials which would be great if the were actully shorting Magellan, Platinum etc!
It seems that they got into the coal sector early and went well, before things turned and they were 'slow' to exit using their 1/3rd at a time methodology.
I'm not sure how many staff they have, but the departure of one prominent staff member should have been noted in the update.
CDM Price at posting:
86.5¢ Sentiment: Hold Disclosure: Held
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