Vin, I tend to agree with you about CDM which I also hold. I am behind with that one being guilty of taking up rights offers at the wrong time. Its a bit perplexing listening to Karl and reading his figures about how well the fund is doing, but as you say, not seeing the SP appreciating. CDM is supposed to be an equity fund, not only an income fund, something which you have pointed out. I think I am over taking up rights or being involved in SPPs, or for that matter entering stocks particularly LICs at the time of the float. It jsut doesnt seem to work !
ALF Price at posting:
$1.07 Sentiment: None Disclosure: Held