NTA & Top 25 Investments as at 31 January 2024

MKTUPDTE
Wed, Feb 07 2024 08:30 am

Dear Sir/Madam

Monthly Net Tangible Asset Backing Per Share and Top 25 Investments.

31 January 2024
Before Tax $7.74
After Tax $6.49

31 December 2023
Before Tax $7.62
After Tax $6.40


All amounts in $AUD.

The Net Tangible Asset Backing per Share for both 31 December 2023 and 31 January 2024 are before the provision for the interim dividend of 11.5 cents per share.


* 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. These figures are subject to external review by the auditors.


Attached is a list of the Company’s Top 25 Investments as at 31 January 2024.


Yours faithfully

Matthew Rowe
Company Secretary

Release authorised by Company Secretary


Announcement PDF


Markets News

NZ sharemarket down 0.38%
Markets Market close

NZ sharemarket down 0.38%

The S&P/NZX 50 Index closed at the day’s low of 12,349.47, down 46.79 points or 0.38%.

Graham Skellern 26 Jul 2024
Markets

Forsyth Barr initiates full Turners coverage

Forsyth Barr says a premium valuation is now warranted. 

Rebecca Howard 26 Jul 2024
Forsyth Barr initiates full Turners coverage
Economy

The kiwi dollar is falling prey to the bears

The only worst performer is the Norwegian krone.

Rebecca Howard 26 Jul 2024
The kiwi dollar is falling prey to the bears