latest estimate nta discount to share price

with the bse (indian index) at 16470 close and the inr/aud cross at 39.12 as i write the current estimated nta is 68.82 cents.

the close of ine at 55.5 cents giving us a discount of circa 19.35% to nta.

that's way too high given the plan to repay 90% capital by selling down the fund.

the balance of 10% may be sold later ? and if so a clean shell will appear.

far too cheap.

don't say we didn't tell you so, eh teddy !

be good,

a very happy 40 and teddy bear.