RFF 1.02% $1.94 rural funds group

Anyone hold these ?, page-5

  1. 2,371 Posts.
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    I am slightly wary of NAV of $1.17 as it includes water rights which could fluctuate greatly depending on market prices and government regulation. NTA (tangible assets) were just under $1 in the last accounts. So while it sells at a discount to NAV it is at a premium to NTA as at 30 June 2014.
 
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