Cncventure. Yes, Paradice returned $800 million last year to stakeholders so down to c. $1 billion now which is very substantial for a small caps fund. With investments in 70 companies they could be looking to invest quite a bit more although with expected sp increases at MML their stake value in the fund will rise with the sp.
Large holders:
Van Eck: 8.39%
Wellington: 5.77%
Paradice: 5.4%
So these 3 combined account for 19-20% of the company. Plenty of scope imo for these 3 to add to positions and for other funds to take positions in the coming months.
MML Price at posting:
98.5¢ Sentiment: Buy Disclosure: Held