Thorney Technologies Limited (AU:TEK) has released an update.
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Thorney Technologies Ltd reported a slight increase in its net tangible asset backing per share for November 2024, with positive contributions from investments like Avita Medical and Credit Clear. However, the company faced challenges with declines in other holdings such as Clarity Pharmaceuticals. TEK remains active in both listed and unlisted investments, continuing its on-market share buyback to address the share price to NTA discount.
For further insights into AU:TEK stock, check out TipRanks’ Stock Analysis page.