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Discounted value

RRichard7y ago
Dear sir What does this mean? "The shares trade at a near two-thirds discount to adjusted net asset value" in relation to value of the share? Regards
John MoffatJohn MoffatTutor7y ago#1
It means that the market value of the share on the stock exchange is near to 1/3 of the net asset value per share.
RRichard7y ago#2
Thank you
John MoffatJohn MoffatTutor7y ago#3
You are welcome :-)
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