re: Ann: Net Tangible Asset Value as at 31 Ma... reported 11.5 but that was before INA moved from 34.5 to 39.
Would be at least 12.5 cents now I would say. Within that there is hidden value in MMX I think. They have a sizeable holding there valuing at say 4.1 cents but in the end they will get a better return there I believe.
Those who sold a few shares at 10 cents are giving the stock away very cheaply.
Ann: Net Tangible Asset Value as at 31 May 2013 , page-5
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