NAOS SMALL CAP OPPORTUNITIES COMPANY LTD NET TANGIBLE ASSETS | 31 DEC 2015 | 30 NOV 2015 |
NTA of investments before tax | $1.151 | $1.101 |
NTA of investments before tax on unrealised gains | $1.138 | $1.054 |
NTA after tax | $1.078 | $1.042 |
Month-end closing share price (CTN.ASX) | $0.950 | $0.925 |
Month-end closing convertible note price (CTNG.ASX) | $101.55 | $100.90 |
* Ex-dividend
ASSET COMPOSITION | 31 DEC 2015 | 30 NOV 2015 | ||
Investment Type | $m | % | $m | % |
Resources | 15.83 | 9.2 | 13.11 | 7.8 |
Industrials | 187.25 | 107.8 | 176.88 | 105.3 |
Equity index futures | 3.55 | 2.0 | 8.43 | 5.0 |
Liquidity | 4.87 | 2.8 | 4.93 | 2.9 |
Borrowings (Convertible notes) | (26.00) | -15.0 | (25.99) | -15.5 |
Tax liability | (11.8) | -6.8 | (9.42) | -5.6 |
Net Assets After Tax | $173.70 | 100.0% | $167.94 | 100.0% |
Ordinary Shares on Issue | 161.151m | 161.151m | ||
Convertible Notes on Issue | 265,000 | 265,000 | ||
CODE | STOCK | WEIGHT | CODE | STOCK | WEIGHT |
MYX | Mayne Pharma Group Limited | 4.25% | VLW | Villa World Limited | 2.04% |
HUB | HUB24 Limited | 4.07% | ORE | Orocobre Limited | 2.03% |
SGF | SG Fleet Group Limited | 3.87% | GMF | Gpt Metro Office Fund | 2.02% |
SAR | Saracen Mineral Hldgs Ltd | 2.98% | CAT | Catapult Group Intnl Ltd | 1.96% |
QMS | QMS Media Limited | 2.94% | WEB | Webjet Limited | 1.94% |
AHG | Automotive Hldgs Group Ltd | 2.79% | VRL | Village Roadshow Limited | 1.92% |
ALU | Altium Limited | 2.52% | CKF | Collins Foods Limited | 1.82% |
A2M | The A2 Milk Company Ltd | 2.32% | TGP | 360 Capital Group | 1.80% |
ENN | Elanor Investors Group | 2.29% | MBE | Mobile Embrace Limited | 1.77% |
ASB | Austal Limited | 2.23% | EPD | Empired Ltd | 1.72% |
The investment portfolio contained 81 securities as at 31 December 2015. This excludes the investment in Contango Income Generator Limited and ownership of its investment manager, Contango Asset Management Limited, which amount to approximately 16.8% and 5.9% of the NTA value respectively.
01 December 2015 NTA for November 2015
The next interest payment is due on 31 March 2015.
Since the payment of its first dividend in 2004, including this dividend, the Company has declared dividends of 87.3 cents per share with a total dividend payout exceeding $101.8m
The balance of Company's Dividend Reserve is $18.09m - sufficient to pay proposed dividends into FY17.
The after-tax NTA announced on the 1st of July 2015 of $1.058 sets the base for FY16 dividend payments. In line with the Company's dividend policy to pay a minimum of 6% pa of the July 1 NTA value each year, CTN is able to provide investors with guidance of proposed dividend payments. This table is not a formal declaration of dividends. Shareholders and investors should only rely on the Official Declaration of Dividend for confirmation as to dividend amount and relevant dates including what level of franking may be attached to any dividends declared.
DIVIDEND GUIDANCE AS AT 31 DECEMBER 2015 | AMOUNT | |
FY16 Interim | Payable February 2016: Minimum of | 2.6 cents per share |
FY16 Final | Payable October 2016: Minimum of | 3.7 cents per share |
Glenn Fowles
Director - CONTANGO MICROCAP LIMITED
7 January 2016
Page | 2
Contango Microcap Limited issued this content on 2016-01-07 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-06 22:11:07 UTC
Original Document: http://www.contango.com.au/php/ic-dlAsxAnnouncement.php?id=378
