tiprankstipranks
Benjamin Hornigold Ltd: NTA Update and Strategy Amid Litigation
Company Announcements

Benjamin Hornigold Ltd: NTA Update and Strategy Amid Litigation

Benjamin Hornigold Ltd. (AU:BHD) has released an update.

Don't Miss Our Christmas Offers:

Benjamin Hornigold Ltd reported a slight gross portfolio decline of 0.62% this month, with a net tangible asset (NTA) per share before tax at 27.38 cents, excluding estimated deferred tax assets. Amidst ongoing volatility, the company continues to employ a flexible investment strategy, focusing on discount capture, arbitrage, deep value investments, and event-driven opportunities. Recovery efforts for outstanding loans from John Bridgeman Ltd and JB Financial Group are ongoing, with court proceedings updated for September.

For further insights into AU:BHD stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App