Monthly Investment Updates
For access to all ASX announcements including the Weekly NTA for QVE please visit the ASX website.
|NET TANGIBLE ASSETS (NTA)||QVE|
|NTA before tax as at 30 JUNE 2020||$0.94*|
|NTA after tax as at 30 JUNE 2020||$0.98*|
*The before and after tax numbers relate to the provision for deferred tax on the unrealised gains/losses 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/losses that might arise on such a theoretical disposal, after utilisation of brought forward losses.