18th Nov 2015 09:16
LONDON (Alliance News) - Natural resources investment company Paternoster Resources PLC said its net asset value per share was flat in the third quarter.
Paternoster said its net asset value per share at the end of September was 0.44 pence, flat on the level at the end of June.
"The value of a number to Paternoster's investments is increasing, and this is now starting to be reflected in the company's share price which is now significantly above the level as at this period end, albeit still at a discount to the company's underlying valuation," said Chairman Nicholas Lee.
Shares in Paternoster were down 1.2% to 0.252p on Wednesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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