Net Assets - 0.45cents, page-6

So if TSI India is being valued at $5,293,925 but that was a DCF valuation under a relatively high Inflation scenario where inflation was averaging 9.23% and we currently sit at 5.52%.

A decline of almost 4% and the company said:

A 2% decline in the inflation rate would increase the value of TSI India by $1.17m.

So that's about a $2.34m increase in the value of TSI India.

So current Net Tangible Asset is closer to $10.5m or 0.58 cents per security?