RE: It worth9 Jun 2020 10:13
FROM LATEST INTERIMS
During the Period, Cambria continued to implement defensive strategies focused on reducing expenses, hedging its assets and cashflow, and minimising its cost of capital. The Company's Statement of Financial Position remains healthy with a Net Asset Value (NAV) per share of 1.32 US cents (1.07p) at the end of HY 2020. NAV is down 2% from 1.35 US cents (1.10p) at HY 2019. This drop is primarily a result of foreign exchange differences arising on the translation of the results from our subsidiaries in Zimbabwe into Cambria's presentation currency of USD.