Ann: Weekly Net Tangible Asset Backing, page-6

initially i thought that the options if exercised may dilute the sp, espexially if ppl exercise the option at a discount to the so then sell it on market for a profit, but then i realised that an etf sp shouldnt really be affected by retail investors buying and selling, ie it should trade proportional to the nta.
anyway i bought 20k at 2.70 late last year then just added 8k at 2.80 and have held my 28k directly in the pai fund rather than the etf because i get frustrated when the unit price and sp dont move in tandem.
this stock is a good way to diversify your holdings outside the asx without paying the premium of the us market.
i like auf too but havnt put any cash into it just yet, maybe on the next dip