FilingReader Intelligence

AFI's estimated NTA per share exceeds market price

April 22, 2025 at 10:00 AM UTCBy FilingReader AI

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

News Alerts

Get instant email alerts when Australian Foundation Investment Company publishes news

Free account required • Unsubscribe anytime

Filing Activity Timeline

View Complete Filing History →