Barramundi ( BRM )

[Toddy]

Wise Tech Global had a big day today which is one of the portfolios larger holdings. Up 18 percent off the back of FY24 results and positive outlook.
Brambles also had a good result and announced a share buyback of upto AUD 500m. They were up 9 percent for the day.

[peat]

Wise Tech Global had a big day today which is one of the portfolios larger holdings. Up 18 percent off the back of FY24 results and positive outlook.

NAV BRM 0.79c
283m units = $223m

WTG = 8% of Portfolio = $17.9m and today that increased 18% = 3.22m
So thats a 1.1 c increase in NAV due to Wisetech today, thanks Toddy

[Toddy]

BRM NAV closed yesterday at 79.14

[Sideshow Bob]

BRM NAV closed yesterday at 79.14

Latest 78.73c

[Not too Flash]

Could be an interesting NAV today
I see the warrants are on the slide .....

[Sideshow Bob]

Could be an interesting NAV today
I see the warrants are on the slide .....

Share price trading a little lower as just gone ex-div.

[alokdhir]

4 Cents warrants ...thus can get new head shares for 4+63 = 67 while SP at present is 71 Cents ...head shares to slide to match arbitrage via warrants or other way ?

PS : Around 3 Cents NAV dilution after exercise completed needs to be kept in mind !!!

[Getty]

Is it correct to say exercise price on warrants is 63?
My system says 69c

[alokdhir]

Is it correct to say exercise price on warrants is 63?
My system says 69c

69 minus dividends for the year rounded to nearest whole number ie 6 cents = 63 Cents