JID wrote
"MET is now valued at their NTA (NTA = $3.04, SP = $3.06)."
MET (Metlife of New Zealand) has a capitalisation of around $A450M and FKP has around a 23% shareholding in MET or about $A103M
Just some food for thought but please do your own research and hopefully refute me, as nothing is added to the discussion if we are allways in agreement.