Dutch Central Bank Sale Announcement Imminent? Message Board

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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: sea_urchin who wrote (9019)	3/24/2000 3:32:00 PM
From: goldsheet	Read Replies (2) of 81130

I don't know if ASA Limited responded to my email, but they changed the way they report the premium/discount on their website asaltd.com I disagreed with their calculation method. If the net asset value was $24 and the price was $20, the dollar discount is $4. I maintained that the discount was to NAV, $4/$24 = 16.7% ASA Limited, however, was reporting it as $4/$20 = 20.0% They are now seem to be reporting it correctly, as opposed to overstating the discount.

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