Fundamentals state a book value of $0.98, i assume based on last half yearly, hmm wonder what it is now.
NTA backing of only $0.05 though, without looking at the financials I'm not sure how this is computed - i know this is net assets less intangibles, but are intangibles that much to reduce the NTA to $0.05?
I mean the Book value of nearly $1 indicates a 1 for 1 net asset to market cap ratio, so the NTA/share which is technially then also the bookvalue or net assets, divided by no of shares on issue should be alot closer to $1 too...
Unsure the extent of of intangibles though.
Fundamentals state a book value of $0.98, i assume based on last...
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