Quite satisfied picking up some at 14 cents today. I know the market is volatile but INA has been strong since the May NTA.
So as I write (obviously this could change a lot by the time they release the next NTA), I feel the post tax NTA might be closer to 17 cents. Pre tax over 18.5 cents.
That might make the discount pre tax of 25% and post tax 17%. I can't recall it being that cheap for awhile. I am referring to numbers regarding the ASX listing by the way.
Pretty good given their strong performance.
MVT Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held