HML 0.00% $1.99 henry morgan limited

Ann: Net Tangible Asset Backing, page-38

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  1. 2,384 Posts.
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    The comment on NAC was NOT about performance, but about options that were in the money being exercised.

    I note NAC provides MONTHLY data on:
    1 pre-tax NAV,
    2 post-tax and pre-unrealised gains NAV,
    3 post all tax NAV,
    4 pre-tax NAV and full option excercise
    5 the share price

    You can then choose the one you prefer. Personally I would use NAV after realised and unrealised gains and adjusted for options. But the company should at least provide the info.
 
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