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Thorney Technologies Limited ( (AU:TEK) ) has shared an update.
Thorney Technologies Ltd reported an increase in its pre-tax net tangible asset (NTA) per share to 26.1 cents as of July 31, 2025, up from 23.8 cents in June, driven by positive contributions from companies like Clarity Pharmaceuticals and Calix Limited. Despite a pause in its on-market share buyback, Thorney Investment Group acquired additional shares, maintaining a 28.9% stake in TEK. The company remains confident in its investment portfolio amid market challenges and anticipates releasing its FY2025 financial results soon.
More about Thorney Technologies Limited
Thorney Technologies Ltd (TEK) is an ASX-listed investment company focusing on technology-related investments across various stages of the investment lifecycle. It targets early-stage companies with disruptive technologies in sectors like fintech, e-commerce, education, agriculture, medical, telecommunications, robotics, and AI. Managed by Thorney Investment Group, TEK leverages networks in Australia, Israel, and the USA to source high-quality investment opportunities in both listed and unlisted entities.
Average Trading Volume: 221,142
Technical Sentiment Signal: Sell
For an in-depth examination of TEK stock, go to TipRanks’ Overview page.