Touch Ventures Ltd. (AU:TVL) has released an update.
Touch Ventures Ltd., an ASX-listed investment holding company, reported a stable Net Tangible Asset (NTA) Backing of A$110.3 million as of April 30, 2024, with cash and short-term deposits making up over half of its value. Despite a potential negative impact from Sendle’s ongoing capital raising, the company’s diverse investment strategy focuses on high-growth areas such as fintech and e-commerce. Touch Ventures, which began trading on the ASX in September 2021, emphasized that the NTA figures are unaudited and exclusive of future financial adjustments.
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