What's confusing is why change this now if the intention is to merge with PGF?
Perhaps to give investors a sense of "choice" to any proposal i.e. we're going to give you less than NTA to merge, or you can stay and go it alone with the new investment guidelines.
They can try to buyback this thing back to NTA, but it really hasn't been getting much traction in closing the discount.
Ann: April 2024 Monthly NTA, Investment Guidelines Update, page-8
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Last
$1.80 |
Change
0.030(1.70%) |
Mkt cap ! $446.0M | |||
| Open | High | Low | Value | Volume |
| $1.74 | $1.80 | $1.73 | $665.9K | 379.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $1.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.80 | 4376 | 1 |
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| Last trade - 16.10pm 30/06/2025 (20 minute delay) ? |
| VG1 (ASX) Chart |