12 months ago the SP was at a 12% discount to the NTA. I have tracked it at month end each month and that discount ranges from 8% to 20% at the end of June 2022. At the end of July it was 15%.
I wonder just how much management is focused on wiping out that NTA deficit. I can imagine it is much more sexy to be able to boast that the NTA is improving (but, of course, it isn't). The token buy back scheme can also be branded a 'fail' and leaves one wondering just where the hell we would be without it completely. Surely it is time to initiate a more ambitious buy back.
12 months ago the SP was at a 12% discount to the NTA. I have...
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Last
$1.67 |
Change
-0.020(1.18%) |
Mkt cap ! $415.8M | |||
| Open | High | Low | Value | Volume |
| $1.67 | $1.67 | $1.64 | $2.296M | 1.391M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15308 | $1.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.67 | 16426 | 1 |
View Market Depth
| Last trade - 16.11pm 23/06/2025 (20 minute delay) ? |
| VG1 (ASX) Chart |