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An update from London City Equities Ltd ( (AU:LCE) ) is now available.
London City Equities Ltd has reported record levels in its investment portfolio, valued at $27.3 million, with substantial liquidity of over $11 million. Despite strong growth in its holdings, particularly in Fiducian Group, the company expressed concerns over Excelsior Capital’s performance and is considering shareholder action. Legal proceedings against Excelsior and its directors are ongoing, with a court hearing scheduled for February 2026. The company’s net assets are estimated at $24.5 million, reflecting a strong financial position amid market volatility.
More about London City Equities Ltd
London City Equities Ltd operates in the investment industry, focusing on managing an investment portfolio that includes equities and cash equivalents. The company is involved in legal actions concerning its investments and has a significant interest in the performance of its portfolio companies.
Average Trading Volume: 162
Technical Sentiment Signal: Buy
Current Market Cap: A$27.23M
See more data about LCE stock on TipRanks’ Stock Analysis page.