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Showing 121 - 130 of 138 results for "NTA"

Premium shareholders approve program

COMPANY RELEASE  |  THURSDAY, 20 AUG 2009
... included an immediate off-market equal access buy-back of up to 65 per cent of issued capital at a 1.75 per cent discount to NTA. The second resolution involved a further on-market buy-back over the next 12 months of up to 15 per cent of issued capital ...

Lonergan Edwards supports Premium buy-back

COMPANY RELEASE  |  MONDAY, 27 JUL 2009
... off-market equal access buy-back of up to 65 per cent of the issued capital at a 1.75 per cent discount to net tangible assets (NTA). "As the proposed buy-back price per share is greater than our assessed value of [Premium Investors shares] per share ...

ASIC charts margin lending requirements

MICHAEL HOBBS  |  TUESDAY, 14 JUL 2009
... advanced Tier 1 training. In the Consultation Paper 109, ASIC proposes that RG 166 be amended so that the net tangible asset (NTA) requirement in section C of RG 166 will apply to an issuer of a margin lending facility. Other proposals include the adjusted ...

Premium Investors outlines capital options

COMPANY RELEASE  |  THURSDAY, 9 JUL 2009
... 145 million. The price of the buy-back would be set at a discount rate of 1.75 per cent to the buy-back net tangible assets (NTA). The second proposal involves allowing the board to undergo an on-market buy-back at its discretion. If the board decides ...

Dixon criticises Premium buy-back scheme

MICHAEL HOBBS  |  WEDNESDAY, 8 JUL 2009
... equal access buy-back strategy would provide shareholders with the liquidity they need. "The problem at the moment is the NTA is significantly higher than the share price so as a shareholder the board needs to provide liquidity when they need it," he ...

Dixon action on Premium gains momentum

MICHAEL HOBBS  |  MONDAY, 29 JUN 2009
... addressing the discounted share price issue. "It is the firm belief of the board that Premium's recent share price discount to the NTA has been driven by the outperformance of the underlying assets, not being reflected in the Premium share price. The ...

LMW Invest teams up with Denison

COMPANY RELEASE  |  THURSDAY, 21 MAY 2009
... close-ended, illiquid syndicate has a five to seven year investment term. Unit price is $1.00 with a minimum investment of $10,000. NTA on fund launch will be $0.825 per unit.

ITC Funds Management expands team

MICHELLE BALTAZAR  |  TUESDAY, 17 FEB 2009
Forestry and timber specialist ITC boosts its Funds Management team with three more executives, each boasting at least 15 years industry experience, as the group ramps up its services for financial planning groups and advisers. Earlier this month, the ...

Olympus and Contango explore India

RUTH LIEW  |  THURSDAY, 24 JAN 2008
... equities. After raising $75 million at its launch, the India Equities Fund now holds more than $110 million in assets, while its NTA has risen from 94.3c to $1.47 by the end of last year. Olympus also possesses ties with Indian financial services conglomerate ...

GoldLink loses luster

... the group announced it no longer has any exposure to the gold forward market or debts. However, net tangible asset backing (NTA) fell from nearly $1.20 per share to the current 15 cents per share. Meanwhile, assets in GoldLink Income is in the process ...