Will be interesting to see the impact on NTA when reported next week. At 17 March it looks like the SRX fall cost arount 15c of NTA for HHV . The recovery in SRX sp and the gain on new SRX holdings will obviously generate a small improvement in NTA for HHV.
But more importantly - what is the future for SRX? Obviously HHV considered it oversold on the basis of the results - I can only hope they are right!
Ann: Net Tangible Asset Backing - 06 March 2015, page-27
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