4th Jan 2012 09:21
Wednesday 4 January 2012
Net asset value update
The net asset value at the close of business on Friday 30 December 2011 was:
31 December 2010 | 30 September 2011 | Change % | |
Trading portfolio value | £4.75m | £5.47m | -13% |
Company asset value net of debt | £5.42m | £6.62m | -18% |
Net asset value - fully diluted per share | 14.6 pence | 17.6 pence | -17% |
Share price - mid | 12.0 pence | 13.0 pence | -8% |
Share price discount to fully diluted net asset value | 18% | 26% | |
Market capitalisation | £4.41m | £4.77m | -7% |
All valuations are based on the closing market bid prices or lower directors' valuation as described in the 2011 annual report and are net of a final dividend of 0.5 pence per share payable on 20 January 2012 to holders of Ordinary shares as at the close of business on 6 January 2012.
R Bruce Rowan Chairman & Chief Executive 4 January 2011 |
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Enquiries to:
Bruce Rowan, Chairman 020 7486 3997 or John Watkins, Finance Director 07768 512404; [email protected]
Gerry Beaney, Colin Aaronson or David Hignell, Grant Thornton Corporate Finance 020 7383 5100
END
Related Shares:
SVE.L