Benjamin Hornigold Ltd: NTA Update and Strategy Amid Litigation
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Benjamin Hornigold Ltd: NTA Update and Strategy Amid Litigation

Benjamin Hornigold Ltd. (AU:BHD) has released an update.

Benjamin Hornigold Ltd reported a slight gross portfolio decline of 0.62% this month, with a net tangible asset (NTA) per share before tax at 27.38 cents, excluding estimated deferred tax assets. Amidst ongoing volatility, the company continues to employ a flexible investment strategy, focusing on discount capture, arbitrage, deep value investments, and event-driven opportunities. Recovery efforts for outstanding loans from John Bridgeman Ltd and JB Financial Group are ongoing, with court proceedings updated for September.

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