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NGE Capital Ltd ( (AU:NGE) ) has provided an announcement.
NGE Capital Limited has reported its latest investment and NTA update, highlighting a decrease in NTA per share both before and after tax as of November 2025. The company has made notable portfolio changes, including trimming holdings in Cash Converters International and Pioneer Credit. A significant development is the sale of Northern Ocean Ltd.’s Deepsea Bollsta to Odfjell Drilling Ltd., which is expected to unlock value, reduce debt, and potentially lead to a capital return to shareholders. Despite a share price rally, Northern Ocean is still seen as undervalued, with potential for further strategic moves involving its remaining asset, Deepsea Mira.
More about NGE Capital Ltd
NGE Capital Limited is an internally managed Listed Investment Company that provides investors with access 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: 15,948
Technical Sentiment Signal: Buy
For an in-depth examination of NGE stock, go to TipRanks’ Overview page.