Touch Ventures Ltd. (AU:TVL) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Touch Ventures Limited reports a significant downturn in its interim financial results for the half-year ended June 30, 2024, with losses on financial assets increasing dramatically and a net loss for the period that is substantially higher compared to the previous year. The company’s net tangible asset backing per share has also decreased, and they have announced that no dividends will be paid to shareholders. There were no changes in control over entities, nor any new investments in associates or joint ventures during the period.
For further insights into AU:TVL stock, check out TipRanks’ Stock Analysis page.