Yep, $1.4m divided by no. of shares on issue is not very much per share. it is all about our NTA backing per share as a LIC. To have a market price of 50c we need an NTA around this figure. Anyone know what the approx value on paper at least the sum total of our investments and the number of shares on issue? Ox.
Yep, $1.4m divided by no. of shares on issue is not very much...
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