Flemster,
I am pretty sure it is you who has it wrong not me. In the half yearly report on Page 4 they quote the NTA as 39 cents. On the same line they quoted the NTA for 2009 as being 15 cents (and I think that is the figure you might have picked up) but that was before the 1:10 restructure and capital raising.
The relevant figures are net assets $154m, intangibles $2.8m and number of shares 387.9m
NTA = (154-2.8)/387.9 = 39 cents
This is my major argument for buying these. You can't wipe that out :)
GPASAS
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Mkt cap ! $183.4M | |||
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|---|---|---|
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