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Director Increases Stake in Cadence Opportunities Fund

Story Highlights
  • Mr. Karl Peter Siegling acquired 18,738 shares, increasing his total to 4,048,797.
  • The acquisition suggests confidence in Cadence’s prospects, signaling positivity to investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Director Increases Stake in Cadence Opportunities Fund

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Cadence Opportunities Fund Ltd. ( (AU:CDO) ) just unveiled an update.

Cadence Opportunities Fund Limited has reported a change in the director’s interest, specifically regarding 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 18,738 ordinary shares through an on-market trade, increasing the total shares held to 4,048,797. This transaction suggests a continued confidence in the company’s prospects by a key stakeholder, potentially signaling a positive outlook to other investors and market participants.

More about Cadence Opportunities Fund Ltd.

YTD Price Performance: 3.34%

Average Trading Volume: 9,127

Technical Sentiment Consensus Rating: Sell

See more data about CDO stock on TipRanks’ Stock Analysis page.

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