Touch Ventures Ltd. (AU:TVL) has released an update.
Touch Ventures Ltd. reports a slight decrease in Net Tangible Asset (NTA) backing from A$84.8m to A$84.4m in August, with per-share value dipping from A$0.119 to A$0.117. The company attributes the NTA movement to operating costs, interest, and forex adjustments, and maintains a strong cash position as it continues to seek investment opportunities. Touch Ventures focuses on providing growth capital to scalable businesses across diverse sectors, including fintech and e-commerce.
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