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Announcements to the ASX
Net Asset Backing
The net tangible asset backing of Djerriwarrh Investments Limited shares at 31 October 2008 was $3.41 per
share before tax (last month $3.80) and $3.37 after tax (last month $3.62).
The before and after numbers relate to the provision for deferred tax on the unrealised gains in the Compnay's investment portfolio. The Company is a long term investor and does not intend disposing of its total long term investment portfolio. Under current Accounting Standards, the Company is required to provide for tax on any gains that may arise on such a theoretical disposal, after the utilisation of brought forward losses.
These figures do not include the effects of any dilution that would arise from the conversion of the outstanding Convertible Notes.
Net asset backing notices
for are also available.
Financial Results
The Company has a 30 June financial year-end, with
results announced for the full year in July and interim results
in February.
Investor Presentations
Announcements
Net Asset Backing
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