My maths brings it into a range of $1.425 - $1.44 as of...

My maths brings it into a range of $1.425 - $1.44 as of today.

Management know its an absolute belter. At the earliest point they will show this market they are the real deal and put themselves into a trading halt. Think about it, you just cant have a fund go up 13% ($25m) and pump out a regular monthly NTA !!!

Now the problem for management is that shareholders are never happy. We want the the NTA to go up but we also want the share price to go up. We will all be writing emails to them asking them what's the go? But in reality, if the fund moves up, at some point the share price will track with it. Yes I understand everyone's pain with this, but I'm quite happy for the NTA to keep rising and the share price to stay down. I know that may upset a few, but at some point its going to fly and we will all kick ourselves for not taking the opportunity and picking up more when we knew its true value.

It's going to go bang next week and the 20,000 parcel that I picked up this morning at 90.5c feels like stealing.

Pep