TJN is a LIC. This LIC comprises 34% ARQ shares plus 11% cash. NTA at end March was $1.09 and All ords is flat since then. ARQ is up 10% since end March so TJN equivalent NTA is up 3.5% since then. So at say 85 cents, discount to NTA is now 25%; Check out NTa statement for end March on ASX announcements!
