However, since they just listed it is probably around .98-.99 when you deduct listing expenses (assuming they cannot account these as assets).
An interesting thing in the prospectus was they thought they could get invested in 3 months.
Guess we wait for first ASX announcement on NTA front.
One of the interesting things is that a lot of their assets will not be listed so we will have to rely on the director's evaluation. I am wondering if the directors will apply a discount/premium to their value when the market is showing one. Of course, if their picks end up listed there is a opportunity for big profits.
ACQ Price at posting:
88.0¢ Sentiment: LT Buy Disclosure: Not Held
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