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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Discounted value
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
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.
Thank you
You are welcome 🙂
