For Anyone interested, the table below refers to DJW's Top 20...

For Anyone interested, the table below refers to DJW's Top 20 investments as at 31st March 2022 vs 20 April 2022, ie 3 weeks later.

	Column 1	Column 2	Column 3	Column 4	Column 5	Column 6	Column 7
0		Volume held	SP at 31st march	Value	SP at 20th April	Value	Variance
1	BHP	1,142,029	$51.75	$59,100,000	$52.30	$59,728,116	$628,116
2	WBC	2,256,601	$24.24	$54,700,000	$24.36	$54,970,792	$270,792
3	CSL	187,029	$268.15	$50,200,000	$264.50	$49,516,688	-$683,312
4	TCL	3,476,015	$13.55	$47,100,000	$13.76	$47,829,963	$729,963
5	CBA	393,306	$105.77	$41,600,000	$107.24	$42,178,160	$578,160
6	WOW	1,044,015	$37.26	$38,900,000	$39.05	$40,768,787	$1,868,787
7	WES	765,721	$50.41	$38,600,000	$49.33	$37,773,021	-$826,979
8	COL	1,563,372	$17.91	$28,000,000	$18.58	$29,047,460	$1,047,460
9	MQG	122,989	$203.27	$25,000,000	$206.67	$25,418,163	$418,163
10	JHX	593,596	$40.60	$24,100,000	$40.95	$24,307,759	$207,759
11	EQT	802,761	$27.53	$22,100,000	$28.48	$22,862,623	$762,623
12	MFT.NZE	255,856	$83.25	$21,300,000	$82.04	$20,990,414	-$309,586
13	ASX	258,780	$81.15	$21,000,000	$82.72	$21,406,285	$406,285
14	TLS	5,101,010	$3.96	$20,200,000	$4.03	$20,557,071	$357,071
15	NAB	621,329	$32.35	$20,100,000	$33.27	$20,671,623	$571,623
16	CAR	927,342	$20.92	$19,400,000	$20.47	$18,982,696	-$417,304
17	JBH	346,736	$54.22	$18,800,000	$51.70	$17,926,226	-$873,774
18	AIA	2,406,639	$7.23	$17,400,000	$7.17	$17,255,602	-$144,398
19	MGR	6,224,900	$2.49	$15,500,000	$2.40	$14,939,759	-$560,241
20	RHC	233,308	$65.15	$15,200,000	$80.00	$18,664,620	$3,464,620
21
22		Totals		$598,300,000.00		$605,795,827.52	$7,495,827.52
23

Key takeaways:
- Variance in NTA of Top 20 Holdings since 31st March: $7,495827
- Varance as a % : 1.253%
- Variance in DJW SP since 31st March: -6 cents
- Varance as a % : -1.9%
- Post Tax NTA at 31/03/22: 3.25, SP at 31st March 3.20 = Discount to NTA of 5 cents
- Implied current NTA: 3.291, SP at 20th April = Discount to implied NTA = 15.1 cents
- Trading at a nice 5% discount to implied NTA, this stock is a buy even if on valuation grounds alone.