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

 

(USX)

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
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:

MARKET CLOSE: NZ shares rise as optimism over US-China trade deal lingers; Fletcher gains
NZD under pressure against Aussie as investors cheered by easing of trade jitters
PFI properties’ valuation rises 5.5% to $1.32 billion
Broader definition of workplace harm in new govt health & safety strategy
MBIE officials grilled on terms of Westland Milk loan
Trade Me suitor Hellman & Friedman drops out
Hydrogen not a short-term option for Huntly - Genesis
Kiwibank says customers have a dwindling need of physical branches
Buying off the plans driving down KiwiBuild cost to govt: HYEFU
Fiscal policy to slow growth over next five years, despite surpluses

IRG See IRG research reports