Orion Equities Posts Minor NTA Decline in September

Orion Equities Limited (AU:OEQ) has released an update.

Orion Equities Limited reports a slight decrease in their Net Tangible Asset (NTA) per share values in the latest market announcement for September 2024, with pre-tax NTA dropping from $0.4178 to $0.4155 and post-tax NTA from $0.3276 to $0.3253. Despite this, the company maintains solid investments in listed entities and property, with notable accounting for their 26.95% interest in Bentley Capital Limited at a nil carrying value, contrasting with Bentley’s market performance. The report also mentions a review of the company’s income tax position regarding its carried forward tax losses.

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