Page 17 of the Strategy Update:
This is why the market is so skeptical of LLC reported NTA.
I understand Book Value (BV) being written down, because BV has a lot of soft assets that do not have any real sellable value.
But I am surprised at the quantum on NTA write down.
FY23 NTA: $7.81.
Looks like that future NTA will be $6.8 to $7.
That hard NTA is the thesis for many buying at share prices below NTA, however as the NTA shrinks, are margin of safety likewise shrinks.
I hold, but am spreading out the bands on which I dollar average. I need to support adequate margin of safety.
Page 17 of the Strategy Update:This is why the market is so...
Add LLC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.18 |
Change
0.020(0.28%) |
Mkt cap ! $4.952B | |||
| Open | High | Low | Value | Volume |
| $7.17 | $7.20 | $7.09 | $15.21M | 2.124M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 292 | $7.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.20 | 15315 | 12 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| LLC (ASX) Chart |