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Orion Equities Reports Decreased NTA in April 2024

Orion Equities Reports Decreased NTA in April 2024

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

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Orion Equities Limited reports a slight decrease in its net tangible assets (NTA) for April 2024, with a pre-tax NTA per share down by 1.34% and a post-tax NTA per share dropping by 1.69%. The company’s total NTA decreased from $7.089m to $6.995m before tax, and from $5.589m to $5.495m after tax. The change in value is attributed to a mix of investments in property, listed securities, cash, receivables, and the adjustment for tax provisions.

For further insights into AU:OEQ stock, check out TipRanks’ Stock Analysis page.

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