Interesting data in the PFinal report - see note 25 on page 45 carrying value of holdings (ex CAH) $38.1m at 31 July. Mostly due to IRN, now worth at least $51.1m = 56cps (not sure how AFL1/2 has changed in value).
Most of this value is not reflected in the LST share price!!
It will be interesting to see how LSG matching facility pans out and how LSG trades on the NSX.
Interesting data in the PFinal report - see note 25 on page 45...
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