Kingfish NAV edges down as warrants near exercise

Kingfish's unaudited net asset value fell marginally to $1.3679 as of July 30, down from $1.3680 the previous week. The share price closed at $1.33, trading at a 3% discount to NAV, an improvement from the prior week's 4% discount.

The company has 86,961,524 warrants set for exercise on May 1, 2026, at $1.35 per share less declared dividends. Dividends totaling 2.75 cents per share have been declared, with three more payments expected before exercise.

Fisher & Paykel Healthcare represents the largest holding at 19%, followed by Infratil at 13%.