Fat Prophets Global Contrarian Fund Ltd. (AU:FPC) has released an update.
Fat Prophets Global Contrarian Fund Ltd. announced a substantial profit increase for the fiscal year ending June 30th, with net tangible assets per share rising significantly from the previous year. Despite the strong performance, the company has decided not to declare a final dividend for the year 2024, citing post-year-end market volatility, while expressing a commitment to resume dividend payments when prudent. The company also successfully completed a Share Purchase Plan in December 2023, further positioning itself for the future.
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