Latest NTA Announcement and Investment Update
|NET TANGIBLE ASSETS (NTA)||QVE|
|NTA before tax as at 31 DECEMBER 2017||$1.24*|
|NTA after tax as at 31 DECEMBER 2017||$1.18*|
*The before and after tax numbers relate to the provision for deferred tax on the unrealised gains in the Company’s investment portfolio. The Company is a long term investor and does not intend disposing of its total portfolio. Under current Accounting standards, the Company is required to provide for tax on any gains that might arise on such a theoretical disposal, after utilisation of brought forward losses. ** This NTA per share is calculated allowing for the dilution effect assuming all outstanding options are exercised.