HML henry morgan limited

Apologies for my very basic question. Would somebody please be...

  1. 5 Posts.
    Apologies for my very basic question. Would somebody please be able to help me understand the NTA in relation to the share price. When people say that the share price is at a discount to (or premium to) the NTA... are they referring to the NTA before or after tax? Many thanks.
 
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