TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Benjamin Hornigold Ltd. ( (AU:BHD) ) has issued an announcement.
Benjamin Hornigold Ltd reported a positive gross portfolio return of 2.94% for the month, with a Net Tangible Asset per share of 25.08 cents before tax. The company continues to pursue outstanding debts from John Bridgeman Ltd and JB Financial Group Pty Ltd, which, if recovered, could significantly benefit shareholders. Additionally, the company is navigating ongoing litigation related to these debts, with mediation scheduled before August 8. The recent banning of Peter Aardoom, a former director, by ASIC for eight years adds another layer of complexity to the company’s current challenges.
More about Benjamin Hornigold Ltd.
Benjamin Hornigold Ltd operates in the investment industry, focusing on strategies such as discount capture, arbitrage, deep value investments, and event-driven opportunities. The company aims to provide absolute returns through an opportunistic investment style, maintaining a flexible approach to capital allocation amidst market volatility.
Average Trading Volume: 30,843
Technical Sentiment Signal: Sell
For an in-depth examination of BHD stock, go to TipRanks’ Overview page.