11 February 2020: Net Tangible Asset (NTA) Backing - January 2020
31 January 2020 | Board Valuation | ||
Company | Current Value | Cents per BTC | |
share | |||
UNLISTED SECURITIES | $ | ||
Sensear Pty Ltd | - | 0.00c | |
Bio101group Pty Ltd | 400,000 | 0.16c | |
BioImpact Pty Ltd | 100 | 0.00c | |
BTC Speciality Health Pty Ltd | 6,000,000 | 2.44c | |
TOTAL UNLISTED SECURITIES | 6,400,100 | 2.60c | |
Net Loans to Subsidiaries | 1,542,277 | 0.63c | |
Net Cash at call | 3,262,498 | 1.33c | |
Office Bond | 14,795 | 0.01c | |
Tax Provision | - | 0.00c | |
TOTAL | 11,219,670 | 4.56c | |
BTC health's investment in Bio101group has been revalued upwards from $375,000 to 400,000. There has been no material change in the valuation of any other unlisted securities held by BTC health in the last month.
Valuations
The "Board Valuation" column is based upon the investment policy of the Board and is broadly in line with industry standard practices.
About BTC Health
BTC health Ltd ("BTC") is a Pooled Development Fund which makes active investments in businesses that acquire, develop and distribute innovative medical products in Australia and New Zealand. The company is building a group of high-growth businesses which together are focused on providing access to some of the best specialized therapeutics and medical devices from around the world. Bio101 is a wholly owned investee company offering professional finance and company administration services to healthcare companies. BTC is listed on the Australian Stock Exchange (Code: BTC). Additional information can be found at www.btchealth.com.au
Authorisation
This announcement was authorised for release to the ASX by Richard Treagus, Chairman.
Contact Information
Richard Treagus
Chairman
BTC health Limited
Ph: +61 417 520 509
E-mail:rtreagus@btchealth.com.au
Sharon Papworth
Company Secretary
BTC health Limited
E-mail:spapworth@btchealth.com.au
BTC health Ltd ABN 45 091 979 172 | |
Suite 201, 697 Burke Road, Camberwell VIC 3124 Australia P 1800 100 282 Egetintouch@btchealth.com.au | btchealth.com.au |
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Disclaimer
BTC Health Limited published this content on 11 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 February 2020 04:47:04 UTC