Ann: Update of Wailoaloa Developments, page-25

i'm the only one that appears to be posting any realistic & substantiated analysis on this thread. the funds to be received from the Fijian land project was already announced on 21/6/17 last year. see link: https://www.asx.com.au/asxpdf/20170621/pdf/43k29vg1r5p0r6.pdf

do the math. funds forecast to be received of $8M less $2.2M loan equals 0.54 cents per share

yet the share price, thanks to @Pisces & his/her disciples, is now 1.60 cents

therefore the current 1.06 cent premium in net asset value is based on the DTR investment, which is currently worth 0.78 cents per share

based on assets currently held, SXX is currently solely a DTR investment and is trading at a 0.3 cents (23%) premium to its net asset value

do the math yourself