NTA & Top 25 Investments as at 30 April 2022

MKTUPDTE

Fri, May 06 2022 02:58 pm

Dear Sir/Madam

Monthly Net Tangible Asset Backing Per Share and Top 25 Investments

30 April 2022
Before Tax $7.39
After Tax $6.19

31 March 2022
Before Tax $7.43
After Tax $6.21

All amounts in $AUD.

*The before and after tax numbers relate to the provision for deferred tax on the unrealised gains in the Company’s investment portfolio. The Company is a long term investor and does not intend disposing of its total long term investment portfolio. Under current Accounting Standards, the Company is required to provide for tax on any gains that may arise on such a theoretical disposal, after the utilisation of brought forward losses.

Attached is a list of the Company’s Top 25 Investments as at 30 April 2022.

Yours faithfully

Matthew Rowe
Company Secretary

Release authorised by Company Secretary