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The latest update is out from Thorney Technologies Limited ( (AU:TEK) ).
Thorney Technologies Ltd reported a slight increase in its net tangible asset (NTA) per share for April 2025, despite global market volatility. The company’s diversified portfolio, which includes investments in Avita Medical and Dubber Corporation, contributed positively, although some holdings like Doctor Care Anywhere and Microba Life Sciences underperformed. TEK paused its share buyback to preserve capital for future investments, with Thorney Investment Group increasing its stake to 28%. The company remains focused on long-term value and is poised to adapt to potential changes in global trade and regulatory environments.
More about Thorney Technologies Limited
Thorney Technologies Ltd (TEK) is an ASX-listed investment company that focuses on technology-related investments across all stages of the investment lifecycle. The company targets early-stage companies with disruptive technologies 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 high-quality deal flow through networks in Australia, Israel, and the USA.
YTD Price Performance: -19.23%
Average Trading Volume: 243,073
Technical Sentiment Signal: Strong Sell
For a thorough assessment of TEK stock, go to TipRanks’ Stock Analysis page.
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