Just spoke with Sebastian Evans, he did appease my frantic mind a bit (like most atm) especially towards todays most likely over reaction. He mentioned that their largest holding Maxiaparts MXI is around 25% and they have taken a hit recently after a recent trading update. This has probably had the biggest gouge to the NTA but from my understanding he thinks that it is most likely a temporary down cycle and has a higher than normal chance to recover. He did also mention that dividends and franking are secure in the medium term which is what I am in it for. He is likely to come out with more updates within the next 3-4 weeks. He may even look at increasing his holding which I think will definitely be a positive to the SP
Its enough for me to stay in but everyone needs to look at their own situation.
DYOR
IMHO
GLTAH
Ann: Pre-Tax NTA Update - 15 May 2024, page-4
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