CIW 0.00% 35.0¢ clime investment management ltd

Ann: Appendix 4E and Annual Report to shareholders - June 2014, page-12

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  1. 785 Posts.
    lightbulb Created with Sketch. 2
    Hi Galba,
    Yes some interest in the last few days.
    The 2nd largest shareholder (after WAM) had been quietly increasing their stake late last year.

    As for Jasco, agree it should be generating plenty of cash since it is now debt free. Management had the following comment in their Jan update: "Since 30 June we have received $250k in fully franked dividends from Jasco, and we expect further dividends to flow over the next 6 months."

    On another note, TRS which Clime had gone big into, announced this morning with a positive reaction (+10%) which should be good for the Clime managed portfolios.
 
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