Thorney Technologies Reports May 2025 NTA Update Amid Market Volatility

Thorney Technologies Limited ( (AU:TEK) ) has shared an announcement.

Thorney Technologies Ltd reported a slight decrease in its net tangible asset (NTA) per share for May 2025, attributed to market volatility influenced by global trade uncertainties and changes in the Australian cash rate. Despite these challenges, the company remains optimistic about the long-term value of its technology-focused portfolio, with positive contributions from investments like eToro Group Ltd and ZipCo Limited. TEK has paused its share buyback to preserve capital for future investments, while Thorney Investment Group increased its shareholding to 28.3%.

More about Thorney Technologies Limited

Thorney Technologies Ltd (TEK) is an ASX-listed investment company that focuses on technology-related investments across various stages of the investment lifecycle. The company invests in early-stage companies with disruptive technology and business models in sectors such as fintech, e-commerce, education, agriculture, medical, telecommunications, robotics, and AI. TEK is managed by Thorney Investment Group and generates investment opportunities through networks in Australia, Israel, and the USA.

Average Trading Volume: 216,673

Technical Sentiment Signal: Strong Sell

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