Net Asset Value(s)
November 23 2010 - 5:49AM
UK Regulatory
TIDMSVE
Tuesday 23 November 2010
Net asset value update - 22 November 2010
Since the Company issued its annual report for the year ended 30 September
2010, the portfolio performance has been such that an interim valuation update
is deemed appropriate.
22 November 2010 30 September 2010 Change
%
Trading portfolio value GBP9.35m GBP4.57m 104%
Company asset value net of debt GBP9.37m GBP4.19m 122%
Net asset value - fully diluted per 25.09 pence 11.28 pence 122%
share
Share price - mid 14.75 pence 7.75 pence 90%
Share price discount to fully diluted 41.20% 31.3%
net asset value
Market capitalisation GBP4.95m GBP2.84m 74%
Unless otherwise stated, all valuations are based on the closing market bid
prices or lower directors' valuation as described in the 2010 annual report.
The next valuation update will be as at 10 December 2010, or earlier if values
change significantly.
R Bruce Rowan
Chairman & Chief Executive
23 November 2010
Enquiries to:
Bruce Rowan, Chairman 020 7486 3997 or John Watkins, Finance Director
07768 512404; john@starvest.co.uk
Gerry Beaney, Colin Aaronson or David Hignell - Grant Thornton Corporate Finance
020 7383 5100
END
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