Orion Equities Limited (AU:OEQ) has released an update.
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Orion Equities Limited reported a slight increase in their pre-tax net tangible assets (NTA) per share from $0.4175 to $0.4178, while the post-tax NTA per share saw a more substantial rise of 1.85% from the previous month, reaching $0.3276. The company’s overall NTA before tax showed a marginal growth to $6.538 million, with key components including investments in listed securities and property held for development. Despite using equity accounting, which reduced the carrying value of their investment in Bentley Capital Limited to nil, market prices suggest a potential unrecognized value of approximately $0.205 million based on Bentley’s last closing price.
For further insights into AU:OEQ stock, check out TipRanks’ Stock Analysis page.