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nta

  1. YStrategy
    10,919 Posts.
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    30/05/12
    22:49
    Post #: 10245393
    Given that the end of financial year is fast approaching I was gauging posters thoughts on what they thought the Net Tangible asset (NTA) would be,At 31/12/11 it was 18c coming down from 34c in 31/12/10.

    I will start with my guesstimate 12c

    This takes into consideration a write off on book value of AUD$8mln on the Italian business sold and they said to use net proceeds of AUD$17mln for restructure cost,say a further loss $10mln = $35mln loss / 6c

    Any Takers
    SRS Price at posting: 7.4¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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