re: Ann: Net Tangible Asset Backing as at 30 ... Received an update from Everest Alternative Investment Trust. Main piece of interesting information was in relation to direct investments. Direct investments is $14.6m of $112.9 of net equity. Reading between the lines, about half of the direct investments could be written down to zero. Good news is that 39% of direct investment portfolio is cash.
If we assume that within the AIQ valuation they are using similar figures to EAIT, then around 6.5% could be written off, thus leaving an NTA of ~ $1.90.
If this is right (maybe a big if, plenty of assumptions), then AIQ looking in better shape than I expected.
Main reason:
- significant cash position within "direct investment" portfolio
- some investment have been successfully sold e.g. Coogee Resources
Anyway, just an impression, and plenty of facts missing and assumptions, so DYOR.
- Forums
- ASX - By Stock
- AIQ
- Ann: Net Tangible Asset Backing as at 30 June 200
Ann: Net Tangible Asset Backing as at 30 June 200, page-2
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AIQ (ASX) to my watchlist
|
|||||
Last
$1.25 |
Change
0.000(0.00%) |
Mkt cap ! $39.57M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 17848 | $1.29 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.43 | 388 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 17848 | 1.290 |
1 | 21938 | 1.250 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
1.425 | 388 | 1 |
1.580 | 1800 | 1 |
1.795 | 3850 | 1 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
Last trade - 16.12pm 30/08/2024 (20 minute delay) ? |
Featured News
AIQ (ASX) Chart |
Day chart unavailable
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online