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Re: [sharechat] St Lukes Group


From: roleyrackley@xtra.co.nz
Date: Sun, 10 Oct 1999 15:22:16 +1300


Mark Hubbard wrote:
> 
> 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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Sunday Star does not show NTA. NBR as at 7 Oct. has NTA of $1.44

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