Part of the increase from the March 31 balance of $2.7m and the April 30 total of $5m is the increase in the sp of BNR during April. 31/3/20 BNR was .017 30/4/20 BNR was .048 Thats about $1.5m increase in value of MAT’s holding in BNR.
Add that to the March Quarterly figure of $2.7m and that’s now $4.2m.
The cash increase is probably around $800k imo.
MAT Price at posting:
11.5¢ Sentiment: None Disclosure: Held
