Monthly Investment Updates
Weekly NTA is now available to shareholders on the ASX Announcements page
|NET TANGIBLE ASSETS (NTA)||QVE|
|NTA before tax as at 31 OCT 2019||$1.12*|
|NTA after tax as at 31 OCT 2019||$1.11*|
*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.