Nothing else to explain apart from their misleading reporting.
HHV previously disclosed a future net tax liability position of zero -- but in the last 4 days we seem to have found a 5.68 net liability.
Post-tax NTA is the number anyone should use when working out the discount, which is one of the key investment decisions when looking LIC's.
Extremely misleading and sloppy reporting on all accounts from the company.
Ann: Net Tangible Asset Backing - 30 June 2015, page-3
Add PIA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.17 |
Change
-0.020(1.68%) |
Mkt cap ! $300.8M | |||
| Open | High | Low | Value | Volume |
| $1.19 | $1.19 | $1.17 | $131.1K | 111.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13052 | $1.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.19 | 4000 | 1 |
View Market Depth
| Last trade - 15.58pm 15/11/2024 (20 minute delay) ? |
| PIA (ASX) Chart |