Top Page
Cadence Opportunities Fund Ltd.
(Sydney:CDO)
Cadence Opportunities Fund Ltd. (CDO) vs. iShares MSCI Australia ETF (EWA)
Cadence Opportunities Fund Ltd. Business Overview & Revenue Model
Cadence Opportunities Fund Ltd. Financial Statement Overview
| Breakdown | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 4.34M | -650.26K | -1.01M | 10.31M | 3.00M |
| Gross Profit | 3.59M | -1.63M | -2.17M | 8.12M | 2.29M |
| EBITDA | 0.00 | -2.04M | -2.49M | -127.09K | -95.53K |
| Net Income | 2.34M | -1.34M | -1.52M | 5.59M | 1.54M |
Balance Sheet | |||||
| Total Assets | 40.52M | 41.31M | 48.11M | 35.85M | 13.18M |
| Cash, Cash Equivalents and Short-Term Investments | 38.93M | 21.20M | 24.02M | 11.40M | 2.68M |
| Total Debt | 6.70M | 3.96M | 2.50M | 7.49M | 1.90M |
| Total Liabilities | 7.94M | 9.12M | 13.10M | 13.89M | 4.75M |
| Stockholders Equity | 32.58M | 32.18M | 35.01M | 21.97M | 8.43M |
Cash Flow | |||||
| Free Cash Flow | -18.53M | -2.80M | 3.43M | -5.10M | -855.37K |
| Operating Cash Flow | -18.53M | -2.80M | 3.43M | -5.10M | -855.37K |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | -1.94M | -1.48M | 14.18M | 8.23M | 1.03M |
Cadence Opportunities Fund Ltd. Technical Analysis
Cadence Opportunities Fund Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | AU$60.46M | 4.73 | 14.62% | 2.82% | 454.96% | ― | |
65 Neutral | $2.00B | 17.94 | 2.45% | 5.01% | -1.17% | 4.31% | |
62 Neutral | 23.56 | 3.75% | 7.22% | ― | ― | ||
| ― | ― | ― | ― | ― | |||
73 Outperform | AU$69.24M | 9.27 | 34.01% | 7.17% | 19.50% | 31.19% | |
60 Neutral | AU$26.14M | 260.94 | 0.47% | 1.80% | -16.07% | -36.00% | |
50 Neutral | AU$28.39M | ― | -9.28% | 0.67% | -13.78% | 50.00% |
Cadence Opportunities Fund Ltd. Corporate Events
Cadence Opportunities Fund Ltd. has announced the cessation of 13,348 ordinary fully paid securities due to an on-market buy-back as of May 5, 2025. This move is part of the company’s capital management strategy, potentially impacting the company’s share value and market perception by reducing the number of shares outstanding.
Cadence Opportunities Fund Limited has announced a change in the director’s interest in securities. Mr. Karl Peter Siegling, a director and beneficial owner of Esselmont Pty Ltd and KTAP Pty Ltd, has increased his indirect interest in the company by acquiring 167,915 ordinary shares through the company’s Dividend Reinvestment Plan. This acquisition, valued at $264,473.61, raises his total holdings to 4,236,712 ordinary shares. The change reflects the director’s continued confidence in the company’s performance and strategic direction, potentially signaling positive implications for stakeholders.
Cadence Opportunities Fund Limited has announced a change in the indirect interest of its director, Wayne Edward William Davies, through the acquisition of 3,046 ordinary shares under the company’s Dividend Reinvestment Plan. This change increases his total holdings to 150,649 ordinary shares, reflecting an ongoing commitment to the company and potentially signaling confidence in its future performance.
Cadence Opportunities Fund Limited announced a change in the director’s interest, with Jolanta Masojada acquiring 535 ordinary shares through the company’s Dividend Reinvestment Plan. This acquisition, valued at $842.94, increases her total holdings to 13,495 shares, reflecting the company’s commitment to aligning director interests with shareholder returns.
Cadence Opportunities Fund Limited announced a change in the director’s interest, with Susan Oakes acquiring an additional 1,592 ordinary shares through the company’s Dividend Reinvestment Plan. This change reflects the director’s increased stake in the company, potentially indicating confidence in the company’s future performance and aligning with shareholder interests.
Cadence Opportunities Fund Ltd. announced the quotation of 273,173 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of April 30, 2025. This move is part of the company’s strategy to enhance its market presence and provide value to its stakeholders through increased liquidity and investment opportunities.
Cadence Opportunities Fund Ltd. has announced an update regarding its ongoing on-market buy-back program. As of April 24, 2025, the company has repurchased a total of 55,531 ordinary fully paid securities, including 13,348 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
Cadence Opportunities Fund Ltd. reported a strong performance in March, outperforming the All Ordinaries Accumulation Index by 5.2%. The fund’s success was driven by significant contributions from companies in the gold sector, including Evolution Mining and West African Resources, amid rising gold prices. The company also announced a 6.5 cents per share fully franked interim dividend, with a dividend reinvestment plan in place, reflecting a robust financial position and commitment to shareholder returns.
Cadence Opportunities Fund Ltd. has announced its half-year results, including a 6.5c fully franked interim dividend. The webcast, presented by Karl Siegling, covered the company’s portfolio composition, recent trading investments, and insights from the recent reporting season. The discussion also included price earnings expansion, investments in the gold sector, and updates on Australia’s main resources, concluding with an outlook for the rest of the year.
Cadence Opportunities Fund Ltd. reported that it outperformed the All Ordinaries Accumulation Index by 1.7% in February, despite a 2.3% decline in the fund’s value. Key contributors to this performance included Robex Resources and Evolution Mining, while Block Inc and Regal Partners were among the detractors. The fund highlighted significant developments such as Robex Resources’ agreement with the Mali government and Evolution Mining’s strong financial results. Additionally, Cadence announced a fully franked interim dividend of 6.5 cents per share, with a dividend reinvestment plan available to shareholders.
Cadence Opportunities Fund Ltd. has announced an update regarding its ongoing on-market buy-back program. The company reported the repurchase of 3,445 ordinary fully paid securities on the previous day, adding to a total of 38,738 securities bought back before that day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
Cadence Opportunities Fund Limited has announced a new dividend distribution for its fully paid ordinary shares, with a distribution amount of AUD 0.065 per share. The dividend relates to the six-month period ending December 31, 2024, and will be paid on April 30, 2025, with a record date of April 11, 2025. This announcement reflects the company’s ongoing commitment to providing returns to its investors and may influence its market positioning by attracting potential stakeholders interested in dividend income.
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.
Cadence Opportunities Fund Ltd. announced the cessation of 38,738 ordinary fully paid securities due to an on-market buy-back, effective February 17, 2025. This strategic move may impact the company’s capital structure and market positioning, potentially affecting investor perceptions and shareholder value.
Cadence Opportunities Fund reported a gross performance of 3.1% in January, falling short of the All Ordinaries Accumulation Index’s 4.4% increase. Key contributors to the fund’s performance were Echo IQ, Evolution Mining, Meta Platforms, Netflix, West African Resources, Queensland Pacific Metals, and QBE Insurance, while the largest detractors included IperionX, Westgold Resources, and Robex Resources. Evolution Mining achieved record cash flows driven by high gold prices and a weak Australian dollar, and Meta Platforms reported strong fourth quarter results with significant net income growth. Additionally, Cadence Opportunities Fund is trading at a 13% discount to its pre-tax NTA and has initiated an on-market buy-back of shares to address this valuation gap.
Esselmont Pty Limited, along with Esselmont Superannuation Fund and KTAP Pty Ltd, has increased its voting power in Cadence Opportunities Fund Ltd. from 24.71% to 25.72%. This change in substantial holding reflects Esselmont’s continued investment strategy, potentially impacting its influence within the company and affecting stakeholder interests.