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NGE Capital Ltd ( (AU:NGE) ) has provided an update.
NGE Capital Limited reported an increase in its Net Tangible Assets (NTA) per share, both before and after tax, as of May 31, 2025. The company made strategic portfolio adjustments, including trimming its holding in Capricorn Energy PLC due to favorable developments in its Egyptian assets and increasing its stake in Industrial Logistics Properties Trust based on potential financial improvements. Additionally, Exxaro Resources Limited’s acquisition of a significant stake in Jupiter Mines Limited, a company in which NGE holds shares, could lead to further strategic moves, potentially benefiting NGE’s investment position.
More about NGE Capital Ltd
NGE Capital Limited is an internally managed Listed Investment Company that provides investors with exposure to a concentrated, high conviction, actively managed portfolio of financial assets. The company primarily focuses on listed ASX and international equities, aiming to generate strong risk-adjusted returns over the medium to long term.
Average Trading Volume: 29,089
Technical Sentiment Signal: Strong Buy
See more insights into NGE stock on TipRanks’ Stock Analysis page.