AFI's estimated NTA per share exceeds market price
Australian Foundation Investment Company (NZX:AFI) announced its estimated net tangible asset (NTA) backing per share as at April 17, 2025, was AUD7.61. This pre-tax NTA is an unaudited and indicative figure. In comparison, AFI's share price closed at AUD7.11 on the ASX on the same day. The company clarified that the NTA is calculated based on investments at market value and is before the provision for current or deferred tax. The announcement was authorized by Company Secretary Matthew Rowe.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
News Alerts
Get instant email alerts when Australian Foundation Investment Company publishes news
Free account required • Unsubscribe anytime