@Tinwins. I too had CAM some years ago and sold at .96. I dont think they have ever been as high again. I sold because at that time, they just seemed to be an index hugger and none of their stock picks seemed to be “adventurous” or contrary. On that basis, I couldnt see them outperforming the pack. Since that time, I think they have followed the example of Cadence, where they have diversified into international stocks as well. I know that John Abernathy is fairly conservative and not a risk taker, so perhaps CAMs returns were somewhat restricted because of that. We are talking about perhaps 3 years ago. I just looked up their latest returns and they did almost 16% last year and have just announced a 1 for 40 bonus issue, so it might be a case of just being misunderstood ! Personally, am happy not to be with CAM, but thats only because I like the managers to have a bit of “zing” in their approach and not be afraid to take a contrary approach. Eg. CVF, GC1, LSF and to a lesser and more conservative degree, the Cadence pick with Macquarie Bank at something like $17 ?
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Last
$1.52 |
Change
0.015(1.00%) |
Mkt cap ! $1.798B |
Open | High | Low | Value | Volume |
$1.51 | $1.52 | $1.51 | $1.554M | 1.028M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 13000 | $1.51 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.52 | 110954 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 26013 | 2.230 |
13 | 61465 | 2.220 |
10 | 80298 | 2.210 |
14 | 59570 | 2.200 |
4 | 9260 | 2.190 |
Price($) | Vol. | No. |
---|---|---|
2.240 | 1469 | 1 |
2.250 | 127156 | 6 |
2.260 | 92698 | 7 |
2.270 | 62245 | 2 |
2.280 | 54198 | 9 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
WAM (ASX) Chart |