The S&P/ASX 200 Gross Total Return (ASX: XJT) was UP 14.7% over FY23.
Net assets of Cadence Capital went DOWN 10% over FY 23, from $332 million to $300 million.
And that's after about half of the assets were in CASH ... presumably earning secure risk free hands off good interest....aaaand the other half were not....
Almost $3 million paid out in Management Fees FY23.
About $30 million in CASH down the gurgler in FY23.
Hats off to be paid so handsomely and smugly produce such crap results.
Ann: Media Release - Full Year Results 30 June 2023, page-4
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| Open | High | Low | Value | Volume |
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