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Re: [sharechat] St Lukes Group


From: "Mark Hubbard" <mhubbard@es.co.nz>
Date: Sun, 10 Oct 1999 14:20:08 +1300


Actually, I find the matter of St Lukes and asset backing confusing. The
Press consistently lists the net tangible asset backing of St Lukes at $1.99
per share, which would mean it is currently trading at quite a discount to
asset backing. However, the NZInvest site lists the asset backing at only
$1.44. The Press is normally pretty good, and have been quoting this NTA for
quite a while now, so can someone please enlighten myself as to the truth.

What is NTA per Sunday Star Times today if someone has a copy?


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