Kingfish NAV falls to $1.35, shares trade at discount

Kingfish's undiluted NAV fell to $1.3494 on August 13 from $1.3750 the previous week. Shares closed at $1.36, representing a 1% discount to NAV compared to a 2% premium the week before.

The company has 86.9 million warrants exercisable on May 1, 2026, at $1.35 less declared dividends. Top holdings include Fisher & Paykel Healthcare (20%), Infratil (13%), and EBOS Group, Mainfreight, and Summerset (each 9%).