RE: Final Results ( RNS )22 May 2024 14:39
Most trusts like this will trade at a discount to allow for valuation difference - the vast majority is listed here so its more transparent, if TEK sold all their holding in SALT and paid it as a dividend to TEK holders, you would get 22p a share from that alone - but at the moment its price is what people are willing to pay - as with all shares . I've also seen shares trade at £1 with a NAV of 10p, which is also ridiculous