Spot on, I understand the attraction of buying in under pre-tax NTA (where applicable, this should consider dilution from any options outstanding). However, the tax when paid will become a franking credit asset, so it's not a destruction of value rather a conversion of value for AUS-based investors.
Ann: Net Tangible Asset Backing, page-5
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Last
$3.08 |
Change
-0.010(0.32%) |
Mkt cap ! $1.926B | |||
| Open | High | Low | Value | Volume |
| $3.09 | $3.11 | $3.06 | $1.152M | 374.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $3.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.08 | 2500 | 1 |
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| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| LSF (ASX) Chart |