Oct 2022 Monthly Report

Dear Shareholder, DMXCP’s NAV increased 4.5% (after all accrued management fees and expenses) for October 2022.  On 31 October 2022, DMXCP went ‘ex’ a dividend of 15.0c plus 6.4c in franking credits. The dividend will be paid on 22 November 2022. The NAV as at 31...

Oct 2022 Monthly Report

Dear Investor, DMXASF’s NAV increased 5.3% (after fees and expenses) for the month of October, bouncing back from its 6.0% decline in September, and broadly in-line with the ASX 200 Total Return Index which recovered 6.0% this month.Portfolio Commentary The month was...

It’s EBITDA Jim, but not as we know it

“One of my great ambitions before I die is to fly in an aircraft that is on an airline’s balance sheet” Sir David Tweedie ‐ International Accounting Standards Board chairman – April 2008 “It’s EBITDA Jim, but not as we know it” There is a new frontier in...

Sep 2022 Monthly Report

Dear Shareholder, DMXCP’s NAV decreased 5.9% (after all accrued management fees and expenses) for September 2022. The NAV as at 30 September 2022 was $2.4987 compared to $2.6552 as at 31 August 2022. Following a recovery in the first two months of the new financial...

Sep 2022 Monthly Report

Dear Investor,DMXASF’s NAV decreased 6.0% (after fees and expenses) for the month of September. Having recovered some ground in July & August, the broad market again turned negative on the back of macro-economic concerns. The broad-based ASX 200 Total Return Index...