I got a reply from my email regarding...

I got a reply from my email regarding NAV:


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Hello xxxxx

Thank you for your email, we appreciate the feedback and I will pass it on to our MD.



Nicole Millard has left Valad and I now look after all of the investor communication.



In relation to your question, the NAV post the capital raising was 25c, the difference between the NTA of 20c and the NAV of 25c is the funds management business.



Please don’t hesitate to contact me if you require any further information.



Kind regards,

Viv



Vivienne Bower
Head of Communications

VALAD Property Group

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so as you can see on Current fundamentals 20-24c range likely once 16c is comprehensively broken.