||EPS - Basic
||Market Cap (m)
|Equity Investment Instruments
|North American Daily Update: North American is listed in the Equity Investment Instruments sector of the London Stock Exchange with ticker NAIT. The last closing price for North American was 1,090p.|
North American has a 4 week average price of 1,063.98p and a 12 week average price of 1,063.84p.
The 1 year high share price is 1,115p while the 1 year low share price is currently 750p.
There are currently 29,068,934 shares in issue and the average daily traded volume is 21,036 shares. The market capitalisation of North American is £316,851,380.60.
|zcaprd7: Agreed. The NAV has dropped a few pence off the high, but the share price has dropped a lot more..|
|29palms: From the year end annual results 31st January 2016-
The Company’s share price fell by 5.8% to 815.0p and
ended the year at a 12.9% discount to total net asset
value, compared with a 7.9% discount at the end of the
2015 financial year. This is far from ideal and the Board
continues to work with the Manager in both promoting
the Company’s benefits to a wider audience and providing
liquidity to the market through the use of share buybacks.
During the year 2.9 million shares were repurchased at a
cost of £24.5 million. Since the year-end, a further
848,700 shares have been repurchased at a cost of £7.1
million and the discount as at 22 March 2016 was 10.8%.
So judging by these comments the Manager would probably be looking at Discount around 7.9% to NAV to equal year end 2015.
I have to say again share price should be trading way above £11.00 and this should be a core holding for any investor looking for exposure to the US given happenings since BREXIT.
ST today even has a report on the beauty of investing in America by Ian Cowie
North American share price data is direct from the London Stock Exchange