Orion Equities Limited (AU:OEQ) has released an update.
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Orion Equities Limited reported a decrease in their Net Tangible Asset (NTA) per share before tax from $0.4258 to $0.4175 and an increase after tax from $0.3216 to $0.3299 as of July 31, 2024. The company’s NTA is primarily composed of investments in listed securities, property held for development, and net cash positions. Notably, the company’s investment in Bentley Capital Limited is carried at a nil value due to accumulated losses, despite Bentley’s last closing price offering a higher valuation.
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