Their Oct 2020 announcement has net worth per share of 51 cents per share.
Net Worth – 51 Cents per share after the forthcoming dividend The impact of the improved Investment Portfolio values on the company’s net assets has been very positive. Directors point out that the shares are now trading on “Ex” Dividend and “Ex” Rights Issue bases. On this basis they have estimated that London City’s new unaudited Net Worth is presently in the order of 51 Cents per share – after deducting the dividend payable next week.
FID Price at posting:
$6.41 Sentiment: Buy Disclosure: Held
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