interesting - somewhere between the 10th and 14th June, the NTA difference between the before & after tax difference went from ~13c to 3c.....does that suggest a huge loss?
10Jun 14Jun
NTA before tax 3.16 2.94
NTA after tax 3.03 2.91
What is also quite noticeable is that they lost more than 10% this month...perhaps they reduced those short positions (maybe too early?)
Ann: Net Tangible Asset Backing, page-2
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