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Cadence Opportunities Fund Limited (ASX:CDO)

ALERT: Price-sensitive ASX Announcement for CDO
Current share price for CDO : $2.030 0.3 (17.34%)+
Announcement
Release
21 Aug 2025 2:01PM
Price at Release
$1.730
Full Release
download
Summary
The document is the Appendix 4E Preliminary Final Report for Cadence Opportunities Fund Limited for the year ended 30 June 2023. It details the key financial highlights, including net profit after tax, earnings per share, and net tangible asset backing. The report covers dividends declared, significant changes in the state of affairs, and a review of operations. It notes that the fund achieved a net profit after tax of $12,791,368 and an earnings per share of 19.4 cents. The directors declared a final dividend of 12 cents per share, fully franked. The fund’s investment objective is to provide investors with a combination of capital growth and income over the medium to long term. The report also includes commentary on the fund’s investment strategy, financial position, and outlook, with assurance from auditors and board of directors’ confirmations.
Key Points
  • Appendix 4E Preliminary Final Report relates to the financial year ended 30 June 2023.
  • Cadence Opportunities Fund Limited reported a net profit after tax of $12,791,368.
  • Earnings per share for the period were 19.4 cents.
  • Directors declared a final dividend of 12 cents per share, fully franked.
  • Net tangible asset backing per share was disclosed.
  • No significant changes in the state of affairs during the period.
  • The investment strategy aims for capital growth and income over the medium to long term.
  • The report provides a review of operations and financial position.
  • Dividend reinvestment plan details are noted.
  • Directors and auditors provided confirmations and assurance.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.