David Paradice to invest up to $2b in small caps. Interview and...

David Paradice to invest up to $2b in small caps.

Interview and vid (first 3:30 mins of 5:30 mins) with David Paradice from November about his investment approach.

With this new Global Small cap fund (up to $2 billion) as well as the original Aust Small cap fund ($1 billion plus) that has announced a Medusa 11.2 million share stake (5.4%)  there is scope for considerable further investment.

hxxp://www.brw.com.au/p/business/mid-market/david_paradice_hunt_invest_for_next_vYPcqj9Nj7hi61SuKGI5YM

*************************************************************************************************

Former Fund manager re Medusa: "Paradice is playing a long game. They will be very happy if there is no near term catalyst. In fact, they are probably hoping that Q4 will be solid but not spectacular and MML puts out a very conservative FY 2015/16 production forecast. That would give them enough time to double the size of the position if they could get hold of the stock over the next few months. Given how big they are, I doubt whether they would be happy with the current size of their position."