LST lion selection limited

nta calculation methods

  1. 112 Posts.
    Does anyone have a perspective on how Lion are calculating their NTA? I'm seeing discrepancies:

    31/8 monthly NTA listed as $1.89
    1/9 daily share buyback max. $1.60 implies NTA $1.78

    25/9 announcement NTA $1.79
    29/9 daily share buyback max. $1.48 implies NTA $1.64

    Firstly it looks as though there is a difference in calculation between what they are using for the buyback as opposed to their regular reporting. Secondly, it appears that their NTA has dropped $0.10 this month.

    Any views?
 
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