CDO 0.00% $1.72 cadence opportunities fund limited.

I can't quite why no one is excited about this IPO. Trading on a...

  1. 1,750 Posts.
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    I can't quite why no one is excited about this IPO. Trading on a price multiple of just 4 times, yielding 8.8% grossed up with 5 years of fully franked dividend in the bank. Operating for 2.5 years with 50% + annual returns. What is not to like?

    There is no way this will go discount to NTA at IPO next Friday. What premium will investors pay?
 
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Last
$1.72
Change
0.000(0.00%)
Mkt cap ! $26.99M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 23400 $1.71
 

Sellers (Offers)

Price($) Vol. No.
$1.73 760 1
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Last trade - 16.15pm 21/06/2024 (20 minute delay) ?
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