TGP 3.08% 63.0¢ 360 capital group

Ann: Sale of HPI stake, page-5

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  1. 232 Posts.
    lightbulb Created with Sketch. 39
    I make it:

    TCF 1.5cps
    TOT 15cps
    Cash 53cps

    These TOT and TCF numbers ignore the reduction in shares on issue casued by the buyback. So I would etsimate NAV of 70cps, and I expect the buyback will accelerate from here unless the pirce jumps further.
 
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