Presently I don’t think the stock is being priced high enough...

Presently I don’t think the stock is being priced high enough given the strong performance of some of the funds key holdings over July.

At 30th June, NTA was 25.0 cents per share. Since that date, 6 of the 8 listed stocks mentioned in the March chairman’s report are up strongly, particularly Afterpay (which is the funds largest holding) up 53.8%. Another one of it’s key holdings, Mesoblast (not mentioned in the report) is up over 20% in July. Despite this, the shares are only trading at a 6% premium (26.5 cents).

APT Was 9.35 Now 14.38 (Up 53.8%)
UPD Was 1.14 Now 1.24 (Up 8.8%)
RCL Was 0.44 Now 0.49 (Up 11.4%)
OVH Was 0.80 Now 0.89 (Up 11.3%)
HUB Was 11.55 Now 14.08 (Up 21.9%)
OVN Was 0.33 Now 0.35 (Up 6.0%)
MSB Was 1.48 Now 1.78 (Up 20.3%)

Assuming that the stocks listed remain at these levels for next 7 trading days of the month, I see the July NTA rising strongly. In my opinion I think this potential mispricing provides a great buying opportunity ahead of its release in mid-August.

Just my thoughts. As always, do your own research..