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Benjamin Hornigold Ltd Reports Positive Returns Amid Debt Recovery Efforts
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Benjamin Hornigold Ltd Reports Positive Returns Amid Debt Recovery Efforts

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Benjamin Hornigold Ltd. ( (AU:BHD) ) has shared an announcement.

Benjamin Hornigold Ltd reported a positive gross portfolio return of 1.11% for the month, with an unaudited net tangible asset per share of 27.12 cents as of December 31, 2024, excluding unrecognized deferred tax assets. The company continues to face challenges with outstanding loans to John Bridgeman Ltd and JB Financial Group Pty Ltd, which, if recovered, could significantly benefit shareholders. Court proceedings related to these debts are ongoing, with important hearings scheduled for February.

More about Benjamin Hornigold Ltd.

Benjamin Hornigold Ltd operates within the financial industry, focusing on investment strategies that include discount capture, arbitrage, deep value investments, and event-driven opportunities. The company aims to provide absolute returns through an opportunistic investment style, maintaining flexibility to adapt to market volatility.

YTD Price Performance: 2.63%

Average Trading Volume: 63,259

Technical Sentiment Consensus Rating: Strong Buy

Find detailed analytics on BHD stock on TipRanks’ Stock Analysis page.

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