The NTA has fallen for the last 5 years or so. Need to take care of the Weed Me valuation that represents around 50% of total assets.
I post here to hopefully warn people of the dangers in investing in such a poorly performing business . How low can the SP go? Zero is a real possibility. So many of its investments are unlisted and valued in an interesting way. Management may be interested in realising the so called NTA but that would put the valuations to the real test - selling, hopefully finding a buyer. As Warren Buffett once said - it only when the tide goes out you can see who's swimming naked.
HGV Price at posting:
4.0¢ Sentiment: None Disclosure: Not Held
