Sharechat Logo

USX: Rangatira Investments expects net asset value to increase

Tuesday 1st May 2018

Text too small?

Rangatira investments expects its assessed net value to be more than $14.60 per share, including the mid-point of the additional value above book value of private investments, as at 31 March 2018. This is more than 10% higher than the assessed net asset value of $13.23 per share at 30 September 2017 previously reported to shareholders.


Rangatira is currently preparing its financial statements for the year ending 31 March 2018. As part of this process Rangatira is reviewing the valuation of all its investments which have identified a significant increase in value. An accurate assessed net asset value will be calculated at the end of the process and will be reported to shareholders in the annual result,


Rangatira will announce its annual results on the week beginning 28 May 2018.


For information, click here



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

NZ dollar trades near 2019 low on Aussie rate outlook, China worries
Short window left to lock in good interest rates on term deposits
MediaWorks breakeven stymied by radio
Loan-to-value restrictions effective but have some drawbacks - RBNZ
Yili deal a timely cash injection for Westland farmers - ANZ
AFT interested in medicinal cannabis but says it's not commercially viable yet
Serko chalks up another year of 28% sales growth, profit dips on acquisition adjustment
NZ first-quarter retail sales grow 0.7%, slightly better than expected
SkyCity poised to enter online gaming space
AFT narrows net loss, turns cash flow positive

IRG See IRG research reports