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An announcement from SIV Capital Limited ( (AU:SIV) ) is now available.
SIV Capital Limited reported a negative cash flow of approximately $110,000 for the first quarter of FY25, primarily from rental asset income and interest earned after administrative expenses. The company holds over $8 million in cash and interest-bearing deposits and is actively pursuing debt recovery where feasible. Additionally, SIV Capital is engaged in a potential transaction under a non-binding term sheet, although its completion is uncertain. The company remains open to exploring other opportunities to enhance shareholder value if the current transaction does not proceed.
More about SIV Capital Limited
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$7.1M
Find detailed analytics on SIV stock on TipRanks’ Stock Analysis page.