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Cadence Opportunities Fund Ltd. (CDO) AI Stock Analysis

AU:CDO

Cadence Opportunities Fund Ltd.

(ASX:CDO)

Select Model
Rating:64.5Neutral
Price Target:AUD 2.50â–²(15.21% Upside)
Action:downgraded
Date:09/25/26

The overall score of 64.5 reflects a company with a very strong, low-debt balance sheet and appealing valuation, offset by highly volatile and unpredictable earnings. The fortress balance sheet and high dividend yield are the most significant positive factors, while the erratic income and cash flow generation are the primary risks. Technical trends are neutral and do not heavily influence the score.

Positive Factors
Conservative balance sheetMinimal leverage reduces financial strain and preserves flexibility for the investment company through weaker portfolio conditions. A substantial equity base relative to assets also supports resilience, limits refinancing exposure, and allows shareholder capital to remain focused on investment opportunities.
Negative Factors
Volatile earnings profileHistorical swings in revenue and earnings make the company’s financial outcomes less predictable than those of an operating business with recurring sales. Prior losses show that portfolio performance can materially weaken, complicating distribution planning and reducing confidence in consistent earnings over time.

Cadence Opportunities Fund Ltd. (CDO) vs. iShares MSCI Australia ETF (EWA)

-10%0%10%20%30%40%AU:CDO+24.78%EWA+13.51%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
AUD 38.83M
Dividend Yield
6.91%
Average Volume (3M)
20.10K
Price to Earnings (P/E)
6.0
Beta (1Y)
0.51
Revenue Growth
201.60%
EPS Growth
280.95%
Country
Australia
Employees
―
Sector
Financial
Sector Strength
68
Industry
Asset Management

Cadence Opportunities Fund Ltd. Business Overview & Revenue Model

Company Description

Founded in Sydney, Australia in 2018, Cadence Opportunities Fund Limited is an investment vehicle that acquires publicly traded assets from both domestic and international markets.

How the Company Makes Money

CDO does not generate operating revenue from selling products or services in the way an industrial company does. Instead, its economic returns are primarily driven by investment performance on the assets it holds. The main ways it makes money are: (1...

Cadence Opportunities Fund Ltd. Financial Statement Overview

Summary

Financial performance is a tale of two extremes. The balance sheet is a major strength with near-zero debt and a solid equity base, supporting an 82 score. However, the income statement (45) and cash flow (65) reflect highly volatile, market-dependent results. The overall financial profile is secure but unpredictable.

Income Statement

45Neutral

Balance Sheet

82Very Positive

Cash Flow

65Positive
Financial statement breakdown
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue10.57M10.57M3.50M4.34M-650.26K-1.01M
Gross Profit8.33M8.33M3.50M3.59M-1.63M-2.17M
EBITDA7.99M7.99M2.48M3.28M0-243.74K
Net Income5.66M5.66M1.49M2.34M-1.34M-1.52M
Balance Sheet
Total Assets40.76M40.76M44.86M40.52M41.31M48.11M
Cash, Cash Equivalents and Short-Term Investments17.59M17.59M12.82M38.93M21.20M24.02M
Total Debt111.82K111.82K8.35M6.70M3.96M2.50M
Total Liabilities5.18M5.18M12.67M7.94M9.12M13.10M
Stockholders Equity35.58M35.58M32.18M32.58M32.18M35.01M
Cash Flow
Free Cash Flow15.28M15.28M9.58M-18.53M-2.80M3.43M
Operating Cash Flow15.28M15.28M9.58M-18.53M-2.80M3.43M
Investing Cash Flow000000
Financing Cash Flow-2.26M-2.26M-1.88M-1.94M-1.48M14.18M

Cadence Opportunities Fund Ltd. Technical Analysis

Technical Analysis SentimentPositive
Last Price2.17

Price Trends

50DMA2.20Negative
100DMA2.20Negative
200DMA2.11Positive

Market Momentum

MACD-0.02Positive
RSI49.28Neutral
STOCH40.87Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CDO, the sentiment is Positive. The current price of 2.17 is below the 20-day moving average (MA) of 2.17, below the 50-day MA of 2.20, and above the 200-day MA of 2.11, indicating a neutral trend. The MACD of -0.02 indicates Positive momentum. The RSI at 49.28 is Neutral, neither overbought nor oversold. The STOCH value of 40.87 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:CDO.

Cadence Opportunities Fund Ltd. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (68)

Financial Indicators

AU:CDO against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *68Neutral$18.00B11.429.92%3.81%9.73%1.22%
AU:CDOAU:CDO65NeutralAUD 39.75M5.9915.53%6.91%201.60%280.95%
AU:PICAU:PIC60NeutralAUD 414.16M34.022.56%7.41%86.21%-44.46%
AU:SECAU:SEC60NeutralAUD 141.45M118.001.05%5.59%-35.12%-90.81%
AU:SB2AU:SB258NeutralAUD 46.66M-6.01-9.58%7.21%-42.55%-396.54%
AU:SNCAU:SNC56NeutralAUD 113.33M-4.88-37.94%8.31%-38.54%-170.85%
AU:TOPAU:TOP55NeutralAUD 89.46M140.790.55%5.14%-103.93%-92.24%

* Financial Sector Average

Performance Comparison

-20%0%20%AU:CDOAU:PICAU:TOPAU:SNCAU:SB2AU:SECDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
AU:CDO and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:CDOCadence Opportunities Fund Ltd.2.170.4324.78%
AU:PICPerpetual Equity Investment Co. Ltd.1.07-0.06-5.45%
AU:TOPThorney Opportunities Ltd.0.54-0.12-18.69%
AU:SNCSandon Capital Investments Limited0.73-0.14-16.09%
AU:SB2Salter Brothers Emerging Companies Ltd.0.56-0.14-19.80%
AU:SECSpheria Emerging Cos. Ltd.2.36-0.16-6.31%

Cadence Opportunities Fund Ltd. Corporate Events

Cadence Opportunities Fund Boosts Capital Through Targeted Share Placement

Sep 24, 2026

Cadence Opportunities Fund Ltd has completed a share placement, issuing 1,052,040 new fully paid ordinary shares at $2.21 per share to professional and sophisticated investors. The transaction, conducted without a prospectus under Corporations Act pr...

Cadence Opportunities Director Lifts Stake via Share Purchase Plan

Sep 23, 2026

Cadence Opportunities Fund has disclosed a change in director Karl Peter Siegling’s indirect interest in the company’s shares, reflecting his continued alignment with shareholders. Through entities Esselmont Pty Ltd and KTAP Pty Ltd, in w...

Cadence Opportunities Director Increases Indirect Shareholding via Share Purchase Plan

Sep 23, 2026

Cadence Opportunities Fund has disclosed a change in director Wayne Edward William Davies’ indirect interest in the company’s shares. Through Andonandon Pty Ltd as trustee for Andonandon Super Fund, in which Davies is a member and directo...

Cadence Opportunities Fund director increases stake via share purchase plan

Sep 23, 2026

Cadence Opportunities Fund has disclosed a change in director Jolanta Masojada’s indirect holdings, reflecting additional participation in the company’s equity. Her interest is held indirectly, consistent with prior disclosures of her rel...

Cadence Opportunities Director Increases Stake via Share Purchase Plan

Sep 23, 2026

Cadence Opportunities Fund Limited has disclosed a change in director Susan Oakes’ holdings following her participation in the company’s Share Purchase Plan. Oakes acquired 13,574 ordinary shares at $2.21 per share for a total considerati...

Cadence Opportunities Fund Seeks Quotation for 1.5 Million New Shares

Sep 23, 2026

Cadence Opportunities Fund Limited has applied for quotation on the ASX of 1,505,540 ordinary fully paid shares under its code CDO. The new securities were issued on September 23, 2026, and their listing will expand the fund’s quoted capital ba...

Cadence Opportunities Fund Publishes 2026 Annual Report

Sep 16, 2026

Cadence Opportunities Fund Ltd. has released its annual report for the year ended 30 June 2026, detailing the fund’s financial performance, position and cash flows. The report also includes the manager’s commentary, directors’ repor...

Cadence Opportunities Fund updates governance framework for 2026

Sep 16, 2026

Cadence Opportunities Fund Ltd. has detailed its corporate governance framework for the 2026 financial year, confirming adoption of the ASX Corporate Governance Principles and Recommendations (4th Edition, 2019 Amendments) with specified exceptions....

Cadence Opportunities Fund Files 2026 Corporate Governance Statement With ASX

Sep 16, 2026

Cadence Opportunities Fund Limited has lodged its Appendix 4G and confirmed that its corporate governance statement for the year to 30 June 2026 is available on its website, in line with ASX listing rules. The statement, approved by the board as at 1...

Cadence Opportunities Fund launches discounted SPP after strong year of outperformance

Sep 7, 2026

Cadence Opportunities Fund reported a gross return of 5.0% in August, beating the All Ordinaries Accumulation Index by 3.1% and delivering a 25.0% gain over the past year versus 3.5% for the benchmark. Including dividends and franking, CDO’s sh...

Cadence Opportunities Fund Launches Discounted Share Purchase Plan After Strong Year

Sep 2, 2026

Cadence Opportunities Fund Ltd has launched a Share Purchase Plan (SPP) giving eligible shareholders in Australia and New Zealand the chance to subscribe for up to $30,000 of new CDO shares at $2.21 per share, aligned with pre‑tax net tangible...

Cadence Opportunities Fund Confirms Compliance for New Share Purchase Plan

Sep 2, 2026

Cadence Opportunities Fund Ltd has launched a Share Purchase Plan allowing eligible shareholders to apply for up to $30,000 of new fully paid ordinary shares, aiming to raise additional capital from its existing investor base. The company has confirm...

Cadence Opportunities Fund Details Share Purchase Plan and Outlook in New Webcast

Sep 1, 2026

Cadence Opportunities Fund Limited has released a webcast in which portfolio manager Karl Siegling reviews the fund’s recent performance, historic dividend yields, profits reserves and franking credit balances. He also outlines the fund’s...

Cadence Opportunities Fund Launches Share Purchase Plan to Raise Capital

Aug 31, 2026

Cadence Opportunities Fund Ltd. plans to issue up to 9,135,302 new ordinary fully paid shares under a securities purchase plan, with a record date of 28 August 2026 and an issue date set for 23 September 2026. The capital raising, conducted via the A...

Cadence Opportunities Fund Launches Discounted Share Purchase Plan Amid Strong Performance

Aug 31, 2026

Cadence Opportunities Fund Limited has launched a Share Purchase Plan offering eligible shareholders in Australia and New Zealand the chance to subscribe for up to $30,000 of new shares, priced at the pre-tax net tangible asset value of $2.21 per sha...

Cadence Opportunities Fund posts record profit and boosts fully franked payouts

Aug 21, 2026

Cadence Opportunities Fund Ltd reported a record profit after tax of $5.7 million for the year to 30 June 2026, with the fund up 30.3% and outperforming the All Ordinaries Accumulation Index by 24.6%. The company’s share price, including divide...

Cadence Opportunities Fund posts profit surge and lifts dividends for 2026

Aug 21, 2026

Cadence Opportunities Fund Limited reported a sharp rebound in performance for the year to 30 June 2026, with revenue from ordinary activities rising 202% to $10.57 million and net profit after tax jumping 279% to $5.66 million. Net tangible asset ba...

Cadence Opportunities Fund lifts dividends as long-term returns outpace market

Aug 14, 2026

Cadence Opportunities Fund reported a gross performance of -2.3% in July 2026, lagging the All Ordinaries Accumulation Index’s 1.7% gain, though its 12-month return of 26.6% and share price gain of 38.7% including dividends and franking underli...

Cadence Opportunities Fund lifts payout with final and special dividends

Jul 15, 2026

Cadence Opportunities Fund Ltd has announced a fully franked final dividend of 7.5 cents per share, taking the total fully franked dividend for the year to 15 cents per share, equivalent to a 6.5% yield or 9.3% gross yield based on the current share...

Cadence Opportunities Fund declares special year-end dividend

Jul 15, 2026

Cadence Opportunities Fund Ltd. has declared a dividend of AUD 0.02 per ordinary fully paid share, with an ex-dividend date set for Dec. 15, 2026 and a record date of Dec. 16, 2026. Shareholders on the register at that time are scheduled to receive p...

Cadence Opportunities Fund Declares Interim Dividend for June 2026 Period

Jul 15, 2026

Cadence Opportunities Fund Ltd. has declared a six-month dividend of AUD 0.075 per ordinary fully paid share for the period ended 30 June 2026, reinforcing its income distribution track record to investors. The dividend will trade ex on 29 September...

Cadence Opportunities Fund Rotates Out of Resources After Stellar Year and Builds Cash for Beaten-Down Growth Stocks

Jul 14, 2026

Cadence Opportunities Fund reported a strong financial year, with net performance up 30.3%, significantly outperforming the All Ordinaries Accumulation Index, and a 41.0% gain in its share price including dividends and franking. The fund highlighted...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Sep 25, 2026