NAV at close 5-Oct-20205 Oct 2020 19:08
Using mid prices across the pf : ggp (23,25) sve (18,75) aau (5,75) cora (8,85) kefi (2,08) alba (0,40) & orcp (0,68) the gross sve nav is 36,19 (£20,836mill). If we then make the following p.a. deductions: (1) admin & sales cost £485k (2) director (shares) fee costs £118,6 k (3) 19% corporation tax v zero past losses £3,662mill (4) loans 0 (5) options 0 - producing a net nav of 28,85 being 43% above current mid of 18,75. It would be useful to know prior year losses to be offset against the corporation tax but this is likely small in relation to current profit.