Understanding your Dividend Statement

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Next Dividend Payment
- 19 March 2010

   

Takeover offer for Arrow Energy
- 9 March 2010

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Pipe Networks
Article
- 18 December 2009

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Welcome to Barramundi Limited

Barramundi is an investment company listed on the New Zealand Stock Exchange. We invest in small, growing Australian companies and seek to create shareholder value through growing our investment assets and paying dividends to shareholders.

The investment portfolio of Barramundi is managed by Fisher Funds Management Limited (“Fisher Funds” or the “Manager”), an investment manager with a track record of successfully investing in small company shares.

The key investment objectives of the Company are to:

  • Achieve a high real rate of return, comprising both income and capital growth, within risk parameters acceptable to the Directors;

  • Provide a portfolio of securities that allows investors access to a number of smaller Australian companies through a single investment.
Current Share Price Information*
DescriptionCodeLast
Barramundi SharesBRM$0.74
Barramundi WarrantsBRMWB$0.110
* this table is live and is updated as trading occurs
Weekly Price Chart - Barramundi Shares (BRM)

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Weekly Price Chart - Barramundi Warrants (BRMWB)
 
   

Latest NAV

Latest NAV

Date
5 March 2010
 
NAV
$0.8737 (after deducting 1.84cps dividend payable)
 
Comment
The unaudited net asset value per ordinary share of the Company as at 5 March 2010 was $0.8737 (3 March 2010: $0.8877). The unaudited diluted net asset value per ordinary share as at 3 March 2010 was $0.8327 (3 March 2010: $0.8420). This diluted net asset value describes the effect if all warrants in existence (BRMWB) were exercised today at $0.75. At 5 March 2010, 50,294,649 warrants remain to be exercised on the following dates:
 
Tuesday 25 May 2010 , Tuesday 24 August 2010, Tuesday 23 November 2010, Tuesday 22 February 2011, Tuesday 24 May 2011, Tuesday 23 August 2011 and Thursday 27 October 2011 (Final Exercise Date).
 
The net asset value for 5 March 2010 is after deducting an accrual for 1.84 cents per share dividend to be paid on 19 March 2010. The net asset values per share are after including accruals for any performance fee payable to the Manager and after deducting treasury stock (shares acquired under the Barramundi buyback programme).
 
The five largest portfolio holdings at 5 March 2010 are approximately as follows:
 
Pipe Networks Limited 13%
Pharmaxis Limited 10%
Arrow Energy Limited 9%
Aevum Limited 7%
Toxfree Solutions Limited 7%
   

Announcements

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