Ouch ! A significant write down in NAV. Good to see that NAV roughly equals SP.
EHL has rebounded sharply and hope that this is reflected in the next months epistle. No sign of APT holdings though. I wonder if the profits from APT stumped up the SP after the 2 significant falls ?
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- Ann: Net Tangible Asset Backing - December 2018
Ann: Net Tangible Asset Backing - December 2018, page-2
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