Pinetree trading at significant discount to NAV

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susan

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Pinetree trading at significant discount to NAV

posted on Sep 15, 2011 09:07AM

Some vehicles just get no respect like Pinetree. It's holdings are trading at a significant discount to its underlying net asset value as indicated by their latest financials below. Oh well.......(Closed at 1.67 yesterday)

Pinetree Capital Ltd. Announces Unaudited August 31, 2011
Net Asset Value Per Share Of $3.48

TORONTO, Canada (September 15, 2011) Pinetree Capital Ltd. (TSX: PNP), announces that as at August 31, 2011, Pinetree’s unaudited net asset value per share (“NAV”) was $3.48.

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