Katana Capital Ltd. (AU:KAT) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Katana Capital Ltd. reports a slight increase in its Net Tangible Assets (NTA) per share after tax to $1.335 as of October 2024, reflecting a 0.33% rise from the previous month. The company maintains a defensive investment strategy by holding 3.9% of its fund in cash, focusing on capital preservation while aiming to outperform the All-Ordinaries Index. With a diverse portfolio including top investments like Mineral Resources and Wesfarmers, Katana Capital remains committed to delivering robust risk-adjusted returns.
For further insights into AU:KAT stock, check out TipRanks’ Stock Analysis page.