ok, thanks for clarifying, sorry I DID NOT UNDERSTAND BEFORE.
CDM owns Melbana Energy Limited shares, around 7.18 % of them.
Interesting times ahead... im sure CDM has been briefed and fully aware being a substantial holder.
Below is a list of just a few of CDM holdings. One thing that attracted me to CDM apart from the discount to NTA, the large share buyback that has only just started (Prudent registry management) every share bought back and disposed off increases shareholders returns and NTA and directors investing heavily in the company is the fact CDM holds a diverse range of stocks that complement my other LIC's, REIT'S and ETF investments.
These stocks below are stocks I would like to own and now I do in part through CDM. (disclosure: I have bought in around the 76.5 - 77 cent range)
JD.COM Inc
Treasury Wine Estates Ltd
Aristocrat Leisure Ltd
Noni B Ltd
Seven Group Holdings Ltd
Bingo Industries Ltd
Santos Ltd
Macquarie Group Ltd
Champion Iron Ltd
Value investing is something I use when picking long term dividend paying stocks, I dont always get it right but with CDM and the good discount to NTA I will hold for awhile.
CDM Price at posting:
76.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)