A question about what net asset value will be used for the first allotment scheduled for 25 October.
The offer document states 'The NAV will be the last published prior to the allotment' (there is then a bit about dividend adjustment).
Will the NAV figure be pre or post the recent sell off?
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Hargreave Hale new offer
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UncleEbenezer
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Re: Hargreave Hale new offer
Don't know. But wouldn't the usual in a case like that be to publish a new updated NAV specifically for the allotment? Based on a spreadsheet doing day-by-day updates of quoted assets?
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oxmatt
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Re: Hargreave Hale new offer
Hargreave Hale publishes NAV on a weekly basis via RNS so they are probably well positioned to do ad hoc updates on allotment dates.
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