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Clime Capital Reports Strong August Performance and Restructures Convertible Notes

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Clime Capital Reports Strong August Performance and Restructures Convertible Notes

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Clime Capital Limited ( (AU:CAM) ) has provided an announcement.

Clime Capital Limited reported a strong performance in August, with its pre-tax NTA per share rising to $0.825, driven by a market shift towards value stocks. The company’s portfolio, valued at approximately $156 million, benefited from significant returns from key investments, and the on-market share buyback reduced shares at a discount. Additionally, the restructuring of CAMG convertible notes was approved, offering increased interest rates and extended maturity, with priority allocations for shareholders and noteholders.

More about Clime Capital Limited

Clime Capital Limited operates in the financial industry, focusing on investment management. The company offers a range of investment products and services, primarily targeting value stocks within its equity portfolio.

Average Trading Volume: 141,400

Technical Sentiment Signal: Sell

For an in-depth examination of CAM stock, go to TipRanks’ Overview page.

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