HGV 0.00% 4.6¢ hygrovest limited

Ann: MMJ Investment Portfolio Report July 2021, page-2

  1. 7,135 Posts.
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    MMJlastquarter.jpg

    Here are the last 3 months, portfolio down 6 million from last month.

    With the net tangible assset per shares hovering around 18cents, Its actually been around this for the entire last year. In August last year we were at 42mill portfolio value and 18.6cents.

    Its been so steady around this , even with the huge upmove in ETFs earlier this year, we stayed around the same NTA per share:

    MMJETfsdailyaugust.jpg

    This is the movement in ETFs for comparison, if the NTA value per shares isnt even following ETFs, and we are trading well under the NTA. Got to think at what point is it better off just selling all tha tangible assets and paying out sharesholders.

    The descrepancy is huge now and has been for the last year, over 50%, meaning that we should be getting more than double the price for our shares if everything is sold up and paid out to sharesholders.

    NTAMMJ.jpg

    At what point do the largest shareholders request this, Im sure we could be putting the money to use better ourselves with investing in cannabis ETFs if we so wished.
 
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