Australia's largest stock trading and investment forum Australia's #1 stock forum

CDM

Click for more information

0.00%

72.0¢ cadence capital limited

Yes, I get the theory and maths etc.Don't forget the divi and fc...

First 38 Last

Share
Profile

Follow
RnR

45 Posts.

15

23/09/21

15:28

Post #: 56299600
Share

Originally posted by peejay2: ↑

Like I said, if you exclude the entire holding of TMC WHICH INCLUDES THE ORIGINAL COST OF Deep Green, the NTA of the remaining CDM portfolio is still approx $1.17-18. What I am trying to say if you took out the holding costs of $1.38 or $6m of Deep Green and look at the remainder of the CDM portfolio in a watchlist, you will see that the remainder of the PF is going well and the NTA would still be approx $1.17. Will the CDM SP hold if TMC sinks ? Who knows… but during the COVID crisis in 2020, the SP of CDM was less than the cash they had in the bank ! don’t take this personally but to muck up a saying “it’s the market stupid !” Anything can and probably will happen ! It’s when you see misplaced opportunities like this, that leaves opportunities for canny investors ! Personally I think TMC will settle down and find a floor price of ? amount. This will allow CDM to look at what % of the PF it is likely to be and work out if it’s worth hiving it off. I’m more worried about how the remaining 82% of the PF is going (well at the moment).

@RnR….

Expand

Yes, I get the theory and maths etc.
Don't forget the divi and fc as well.
Lets see what happens.
Good luck!

CDM Price at posting: $1.13 Sentiment: Sell Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

I88

Large fault structure and uranium anomalies picked up by Infini at Newfoundland play

PH2

Pure Hydrogen inks MOU for 5 hydrogen buses in Saigon – days after Twiggy's FFI reeled back in

HBF to throw 10% vote behind NDC BidCo's buyout of Pacific Smiles Group

Biden's exit bakes in a Kamala Harris ballot while markets expect Trump to win. How could equities fare this week?

29M

High-grade copper results provide some relief to 29Metals after earlier mine shutdown

There are more pages in this discussion • 1 more message in this thread...

First 38 Last

Add CDM (ASX) to my watchlist

(20min delay)
Last 72.0¢		Change 0.000(0.00%)		Mkt cap ! $214.6M

Open	High	Low	Value	Volume
72.0¢	72.0¢	71.0¢	$88.90K	124.1K

Buyers (Bids)

No.	Vol.	Price($)
3	17034	71.0¢

Sellers (Offers)

Price($)	Vol.	No.
72.0¢	28095	2

View Market Depth

No.	Vol.	Price($)
3	17034	0.710
10	194429	0.705
10	173062	0.700
1	10000	0.695
6	24326	0.690

Price($)	Vol.	No.
0.720	28095	2
0.725	53000	2
0.730	86338	5
0.735	48581	3
0.740	194965	4

Last trade - 15.28pm 22/07/2024 (20 minute delay)

CDM (ASX) Chart