Barramundi NAV at $0.6408, discount narrows

Barramundi Limited (NZX:BRM) announced its Net Asset Value (NAV) per share as at April 23, 2025, at $0.6408. This is unaudited and net of fees and tax. The company's share price closed at $0.64 on the same date. The discount on BRM shares has narrowed to 0%, improving from a (1%) discount recorded on April 16, 2025, when the NAV was $0.6342. The NAV per share calculation deducts treasury stock acquired under the Barramundi buyback program, although currently this is nil. Barramundi highlighted its top five portfolio holdings as of April 23, 2025, with CSL leading at 9%, followed by Seek, WiseTech, AUB Group, and Brambles, each accounting for 6% of the portfolio. Barramundi is managed by Fisher Funds and aims to provide growth and dividends through a diversified portfolio.