Cadence Capital Limited (ASX:CDM) Insider Karl Siegling Acquires 570,126 Shares

Cadence Capital Limited (ASX:CDM) insider Karl Siegling purchased 570,126 shares of the business’s stock in a transaction that occurred on Tuesday, June 24th. The stock was bought at an average price of A$0.64 ($0.42) per share, with a total value of A$364,880.64 ($238,484.08).

Karl Siegling also recently made the following trade(s):

• On Monday, June 23rd, Karl Siegling acquired 52,600 shares of Cadence Capital stock. The shares were bought at an average price of A$0.63 ($0.41) per share, for a total transaction of A$33,295.80 ($21,761.96).
• On Friday, June 20th, Karl Siegling bought 100,000 shares of Cadence Capital stock. The shares were bought at an average price of A$0.63 ($0.41) per share, with a total value of A$63,200.00 ($41,307.19).

Cadence Capital Stock Performance

The company has a debt-to-equity ratio of 16.72, a current ratio of 1.01 and a quick ratio of 2.28. The firm has a market capitalization of $202.67 million, a PE ratio of 7.88 and a beta of 0.74.

About Cadence Capital

Cadence Capital Limited is a close ended equity mutual fund launched and managed by Cadence Asset Management. The fund invests in the public equity markets of Australia. It seeks to invest in stocks of companies operating across diversified sectors. The fund seeks to invest in the stocks listed on Australian Securities Exchange.