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DomaCom Ltd. ( (AU:AOH) ) has provided an announcement.
Assetora Limited has reopened its DomaCom Fund, now renamed the Assetora Investment Fund, marking a significant operational milestone that enhances its capacity to manage new investment products. This move, along with a $3 million strategic investment from CloudTech Group, positions Assetora for substantial revenue growth and operational expansion. The company also reported its first positive operating cash flows since adopting its new fund-management model, indicating early success in its growth strategy. With a stable liquidity position, Assetora plans to launch new sub-funds and strengthen its investor base, aiming for scalable growth in the coming fiscal year.
More about DomaCom Ltd.
Assetora Limited operates in the financial services industry, focusing on fund management. The company offers investment products across sectors such as real estate, private credit, health technology, and alternative assets, targeting both retail and institutional investors.
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$4.79M
For a thorough assessment of AOH stock, go to TipRanks’ Stock Analysis page.