Thorney Technologies Limited (AU:TEK) 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
Thorney Technologies Limited reports a slight decrease in its net tangible asset backing per share for October 2024, amidst challenging market conditions. Despite these challenges, the company remains focused on its strategy to invest in early-stage tech companies across diverse sectors such as fintech and AI. Thorney continues its on-market share buyback initiative, aimed at reducing the discount between the share price and NTA.
For further insights into AU:TEK stock, check out TipRanks’ Stock Analysis page.