The Ironbark tree is renowned for its strength and durability, which we believe is reflected in the features of our investment portfolio

Share price premium/discount

The chart below highlights the relationship between the NTA and share price (green line).

IBC implemented a buy-back at the NTA backing per share, less transaction costs and expenses in mid-2015 to close the NTA discount.

The IBC board intends to offer shareholders the opportunity to receive the NTA backing per share (less costs and expenses) every 3 years as part of its capital management program.

Share price premium discount