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Showing 61 - 70 of 124 results for "NTA"

WAM Capital announces LIC takeover bid

KARREN VERGARA  |  FRIDAY, 31 AUG 2018
... management initiatives to provide shareholders with the opportunity to exit their positions at or above the announced pre-tax NTA," WAM Capital said. If the bid is successful, WAM Capital shareholders will benefit from realising all or part of WAM's ...

Mercantile takeover of private equity fund moves ahead

HARRISON WORLEY  |  THURSDAY, 5 JUL 2018
... costs become more and more material." "Having regard to these issues and the premium to both the recent trading price and NTA the board concluded this was an attractive proposal." In constructing the deal, Mercantile OFM added a condition that IPE's ...

PM Capital offers new LIC

KANIKA SOOD  |  TUESDAY, 3 JUL 2018
... choice to convert the security into either shares of the PM Capital Global Opportunities Fund (PGF) or to redeem it based on NTA. The issue price is $1.40 per PTrackERS, to raise a minimum of $105 million and a maximum of $491 million. PGF and PM Capital ...

Aurora calls out 8IP directors

JAMIE WILLIAMSON  |  MONDAY, 19 MAR 2018
... John Patton and Victor Siciliano would take over as directors. Aurora also cited the 20% discount between market price and NTA resulting in illiquidity as a key concern, stating: "Aurora has sought to engage proactively with the company's current management ...

LIC fund reopens to investors

KARREN VERGARA  |  FRIDAY, 1 DEC 2017
... to take advantage of opportunities in the LIC market, particularly in areas where large discounts to net tangible assets (NTA) are available. He added retail investors can still access this opportunity through the flagship Affluence Investment Fund. ...

Westpac halts $14bn asset manager sale

ALEX BURKE  |  FRIDAY, 18 AUG 2017
... accretive long WALE acquisition opportunities. In addition, the REIT's portfolio has been revalued since IPO which has increased NTA by 9c to $3.93 per unit. This demonstrates the REIT's high-quality, diversified property portfolio and the strength of ...

Wilson calls for Hunter Hall exit

ALEX BURKE  |  THURSDAY, 19 JAN 2017
... in HHV from July 2013 onwards, he sought to assist HHV's directors in closing the fund's discount to net tangible assets (NTA), with respect to "corporate governance, capital management, dividend payment and shareholder engagement initiatives, which ...

Small caps and corporate activity drive LIC performance

KERRIE SYDEE  |  WEDNESDAY, 7 DEC 2016
... underperformance of Australian large cap share focused LICs against the broader market, with an average portfolio return (pre-tax NTA plus dividends) of 2.3% for the sector over the last 12 months. Over the past five years this sector has delivered an ...

A-REITs will have to work harder in 2017

DARREN SNYDER  |  TUESDAY, 13 SEP 2016
... is getting difficult to identify particularly as A-REITs in the main are trading at large premiums to net tangible assets (NTA), and at record low yields. We therefore continue to advocate focusing on A-REITs with exposure to industrial and social infrastructure ...

LIC helped by high gold and cash exposure

DARREN SNYDER  |  THURSDAY, 25 AUG 2016
... strategic objectives. The total shareholder return for the year was 20% and importantly the company's share price discount to its NTA per share has narrowed from 15.4% at 30 June 2015 to 6.7% at 30 June 2016." Jensen also reaffirmed the company's commitment ...