Thorney Technologies Limited (AU:TEK) has released an update.
Thorney Technologies Ltd (TEK), an ASX-listed investment company specializing in technology-related investments, maintained its pre-tax NTA at 24.3 cents per share in August 2024, consistent with the previous month. While TEK’s portfolio outperformed the S&P Small Ordinaries Accumulation Index by 2.37%, the overall performance since inception has lagged behind the index. The company is actively managing its share buyback program and has introduced a high watermark to address the share price to NTA discount.
For further insights into AU:TEK stock, check out TipRanks’ Stock Analysis page.
