GMI are trading at a premium to their diluted after-tax NTA,...

GMI are trading at a premium to their diluted after-tax NTA, which was $1.45 at April 30.

However still at a significant discount to their diluted pre-tax NTA which would have been $1.63 at April 30. Some of the succesfull well established listed investment companies trade at a premium to their pre-tax so the share price still has some way to move yet.

They would have recieved some large dividends from their investments which they may pass on, this would help close the gap on the share price. or alternatively they may reinvest if they choose, adding to capital growth. Either way I am happy.

The most important thing is the growth in NTA and this has gone up over 20% in the last 2 months to april 30.
And remember May has started off Fantasically.

The NTA is climping steadily and the share price will follow.