Genworth GMA is a very profitable high dividend paying company that trades at 77% of book value. But SRS has little debt ie. is not geared. I am sure once the new shares are finalised and the company will probably do a share consolidation, they will look for ways to close the NTA gap. otherwise someone will take them over.
News: SRS Perpetual says members of SPS Trust approved acquisition of SPS Trust, page-6
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