This is my Google sheets calculation. By my calculation sum of parts NTA is around 59 cents based on market price of TOT, today's ann and ascribing zero dollar value to funds management business. The TOT distro is a guess, from memory it depended on entitlement take up but I'm not invested in TGP or TOT so didn't check, I just find fascinating to watch.
Today's sale announcement is strange in terms of timing and justification. Those buying must be speculating that Tony has lined up an amazing deal or possibly ascribing some sort of premium to gaining greater control over TOT. Would be interested to hear thoughts on anyone buying in on today's news?Awesome band, loved in the city. 'F*** Sh** up and start over again' seems to be a message that resonates with many of the leaders of company's I come across on the ASX.
Ann: Sale of HPI stake, page-9
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 (20min delay)
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Last
61.0¢ |
Change
-0.030(4.69%) |
Mkt cap ! $140.2M | |||
| Open | High | Low | Value | Volume |
| 62.5¢ | 64.0¢ | 57.5¢ | $156.3K | 247.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 59.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.0¢ | 8413 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
59.5¢ |
Change
-0.030 ( 4.80 %) |
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| Open | High | Low | Volume | ||
| 62.5¢ | 64.0¢ | 59.5¢ | 15108 | ||
| Last updated 14.51pm 14/06/2024 ? | |||||
| TGP (ASX) Chart |