All, Have done some rough calculations to come up with NTA since...

All,

Have done some rough calculations to come up with NTA since 31 December portfolio report, see below.



Given the above, see below approx. pre-tax NTA values. There is one scenario that discounts unlisted investments (using respective value(s) on 31-Dec-2020) to account for the liquidity of these investments.



Hope this provides some colour around what the recent price rises means for MMJ.

N.B. I have not valued any options using a Black Scholes model, I have also not taken into account any potential increases/(decreases) in the underlying value of MMJ's unlisted investments since Dec-31-2020.

Cheers,
CappMan