Thanks for that - In this case, the stock is trading at a 6% discount to NTA - If I understand, this means that the market share price is 6% below the NTA, which means the business is more valuable (book value) than the share market suggests?
Hi,
Trying to dip my toes in the market and I keep coming across terms that I just don't understand.
I know NTA = Net Tangible Assets but what does this phrase actually mean?
To trade at a X% discount to NTA?
Thanks
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