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Cadence Opportunities Fund Director Increases Shareholding

Story Highlights
  • Cadence Opportunities Fund announced a change in the director’s interest in securities.
  • Director Karl Peter Siegling acquired 20,000 shares, indicating confidence in the company.
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Cadence Opportunities Fund Director Increases Shareholding

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An update from Cadence Opportunities Fund Ltd. ( (AU:CDO) ) is now available.

Cadence Opportunities Fund Limited has announced a change in the director’s interest in securities, specifically involving Mr. Karl Peter Siegling, who is a director and beneficial owner of Esselmont Pty Ltd and KTAP Pty Ltd. The change involved the acquisition of 20,000 ordinary shares through an on-market trade, increasing the total number of shares held to 4,068,797. This transaction signifies a strategic move by the director to increase his stake in the company, potentially indicating confidence in the company’s future performance and market position.

More about Cadence Opportunities Fund Ltd.

YTD Price Performance: 0.30%

Average Trading Volume: 12,127

Technical Sentiment Consensus Rating: Buy

For a thorough assessment of CDO stock, go to TipRanks’ Stock Analysis page.

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