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An announcement from Thorney Technologies Limited ( (AU:TEK) ) is now available.
Thorney Technologies Ltd reported an increase in its net tangible asset (NTA) per share for June 2025, with pre-tax NTA rising to 23.8 cents from 22.3 cents in May 2025. The company experienced positive contributions from several investments, although some declines were noted. TEK paused its on-market share buyback to conserve cash for future opportunities and anticipates further corporate activity within its portfolio, highlighting potential latent value.
More about Thorney Technologies Limited
Thorney Technologies Ltd (TEK) is an ASX-listed investment company focusing on technology-related investments across various sectors, including fintech, e-commerce, education, agriculture, medical, telecommunication, robotics, and AI. Managed by Thorney Investment Group, TEK invests in both listed and unlisted entities, leveraging networks in Australia, Israel, and the USA.
YTD Price Performance: -19.23%
Average Trading Volume: 225,417
Technical Sentiment Signal: Strong Sell
For an in-depth examination of TEK stock, go to TipRanks’ Overview page.