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Orion Equities Limited ( (AU:OEQ) ) has shared an announcement.
Orion Equities Limited announced its net tangible asset (NTA) backing as of January 31, 2025. The company reported a slight decrease of 0.04% in pre-tax NTA per share while post-tax NTA per share increased significantly by 27.66%. This change is attributed to the reversal of a prior tax provision, contributing positively to the company’s financial position. Orion’s investment in Bentley Capital Limited remains valued at nil due to accumulated net losses, despite Bentley’s recent closing price on the ASX indicating a potential higher valuation. This announcement underscores Orion’s strategic focus on optimizing its asset value, despite challenges in associated entity investments.
More about Orion Equities Limited
Orion Equities Limited operates within the investment industry, holding a diverse portfolio that includes investments in listed securities and properties. The company focuses on managing and developing its assets to maximize shareholder value, and its market focus includes investments in listed entities such as Bentley Capital Limited and Strike Resources Limited.
YTD Price Performance: -13.33%
Average Trading Volume: 26,847
Technical Sentiment Consensus Rating: Buy
Find detailed analytics on OEQ stock on TipRanks’ Stock Analysis page.
