If there is a special distribution after the MAI takeover I suspect it would be around the 13c mark and most of it will be eligible for 50% CGT discount.
MAI represents 7.8%of the portfolio as per August report. SP and FOR NTA have remained steady since. Forager has been a major institutional investor in MAI since listing at 0.4c. Current SP is $2.8 so initial investment has gone up 7x. So roughly 6.7% of current portfolio is profits which will have to be redistributed to unit holders.
Trusts pay no tax directly so there is no pre and post-tax NTA.
FOR Price at posting:
$1.75 Sentiment: Buy Disclosure: Held
