Cadence Opportunities Fund Reports Significant Revenue Decline

Cadence Opportunities Fund Ltd. ( (AU:CDO) ) has issued an announcement.

Cadence Opportunities Fund Ltd. reported a significant decline in its financial performance for the half-year ending December 31, 2024, with revenue from ordinary activities dropping by 90% compared to the previous year. The company also experienced a substantial increase in losses both before and after tax, with a 151% and 131% decline, respectively. Despite these challenges, the company announced an interim dividend of 6.5 cents per share, maintaining the same rate as the previous year, with a 100% franking rate.

More about Cadence Opportunities Fund Ltd.

YTD Price Performance: 3.66%

Average Trading Volume: 16,174

Technical Sentiment Consensus Rating: Sell

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