Can anybody confirm or correct my understanding of this....
- "The Group has a strong balance sheet with approximately $95 million in cash ($0.43 per security) post settlement of the FibreconX transaction and has an unaudited NAV of approximately $1.00 per security, with less than $10 million in unlisted assets, no borrowings and the balance of the Group’s assets in ASX listed securities."
- "In September 2021, the Group bought back and cancelled 11.05 million securities, previously issued as part of the employee share scheme, and the corresponding staff loans were repaid. The impact of this, reduces the number of TGP ordinary securities on issue to 218,997,551 securities."
$ 95m cash
$ 10m unlisted assets
$ 0m debt
$114m asx listed securities
---------------
$219m securities ($1.00 per security NAV)
appreciate any help...
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