Thorney Opportunities Ltd. (AU:TOP) has released an update.
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Thorney Opportunities Ltd (TOP), an ASX-listed investment firm, has reported a slight decline in its net tangible assets (NTA) after tax for August 2024, dropping by 2.5% from the previous month. Despite the dip, the company’s overall portfolio performance remains robust, outperforming the S&P Small Ordinaries Accumulation Index with a 30.09% annual return. TOP’s active investment strategy, including recent acquisitions and a strong cash balance, positions it well for identifying new undervalued opportunities.
For further insights into AU:TOP stock, check out TipRanks’ Stock Analysis page.
