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L1 Long Short Fund Ltd.
(Sydney:LSF)
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Rating:71Outperform
Price Target:
AU$5.50
â–˛(25.57% Upside)
Action:Reiterated
Date:08/29/26
The score is driven by an attractive valuation (low P/E and solid dividend yield) and supportive technical momentum (price above key moving averages with positive MACD). Offsetting these positives is the main risk: highly volatile fundamentals, particularly inconsistent and recently negative free cash flow, alongside uneven revenue and gross profit dynamics.
Positive Factors
Debt-Free Balance Sheet
The absence of reported debt gives LSF substantial financial flexibility and reduces refinancing, interest and solvency risks. This is particularly valuable for an investment company whose asset values and earnings can fluctuate with market conditions.
Negative Factors
Inconsistent Free Cash Flow
Large swings between positive and negative free cash flow indicate that reported profitability does not consistently translate into cash generation. Persistent variability may constrain distributions, portfolio flexibility and confidence in the durability of earnings.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-Free Balance Sheet
The absence of reported debt gives LSF substantial financial flexibility and reduces refinancing, interest and solvency risks. This is particularly valuable for an investment company whose asset values and earnings can fluctuate with market conditions.
Read all positive factors
L1 Long Short Fund Ltd. (LSF) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$3.11B
Dividend Yield2.98%
Average Volume (3M)469.18K
Price to Earnings (P/E)4.9
Beta (1Y)0.73
Revenue Growth637.74%
EPS Growth538.80%
CountryAU
EmployeesN/A
SectorFinancial
Sector Strength70
IndustryAsset Management - Leveraged
Share Statistics
EPS (TTM)0.94
Shares Outstanding634,669,430
10 Day Avg. Volume419,317
30 Day Avg. Volume469,181
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)1.19
Price to Sales (P/S)10.94
P/FCF Ratio-16.38
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
L1 Long Short Fund Ltd. Business Overview & Revenue Model
Company Description
L1 Long Short Fund Limited is an investment company that provides investors with a diversified portfolio of long and short positions. The company's main activity involves investing in predominantly Australian securities, with some exposure to glob...
How the Company Makes Money
LSF does not generate operating revenue in the way a traditional products-and-services business does. Instead, shareholder returns and the company’s economic outcomes are primarily driven by the investment performance of its portfolio and the net ...
L1 Long Short Fund Ltd. Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
85
Very Positive
Cash Flow
38
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 437.59M | 272.74M | 403.87M | 431.92M | 67.03M | 43.66M |
| Gross Profit | 204.85M | -132.63M | 403.87M | 285.68M | -95.44M | -60.49M |
| EBITDA | 876.99M | 894.33M | 339.15M | 226.98M | 224.32M | 183.31M |
| Net Income | 589.38M | 634.59M | 99.52M | 170.29M | 163.27M | 141.07M |
Balance Sheet | ||||||
| Total Assets | 5.93B | 6.61B | 5.08B | 4.48B | 3.90B | 4.37B |
| Cash, Cash Equivalents and Short-Term Investments | 5.66B | 6.24B | 4.91B | 4.38B | 3.76B | 4.24B |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 3.60B | 4.10B | 3.11B | 2.56B | 2.09B | 2.69B |
| Stockholders Equity | 2.33B | 2.51B | 1.96B | 1.92B | 1.80B | 1.69B |
Cash Flow | ||||||
| Free Cash Flow | 264.73M | -182.09M | 161.78M | -244.66M | 510.80M | 385.70M |
| Operating Cash Flow | 264.73M | -182.09M | 161.78M | -244.66M | 510.80M | 385.70M |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | 240.27M | 558.44M | 480.97M | 274.79M | -830.64M | 481.58M |
L1 Long Short Fund Ltd. Technical Analysis
Positive
4.38
Price Trends
4.60
Positive
4.46
Positive
4.20
Positive
Market Momentum
0.09
Negative
62.74
Neutral
44.76
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:LSF, the sentiment is Positive. The current price of 4.38 is below the 20-day moving average (MA) of 4.73, below the 50-day MA of 4.60, and above the 200-day MA of 4.20, indicating a bullish trend. The MACD of 0.09 indicates Negative momentum. The RSI at 62.74 is Neutral, neither overbought nor oversold. The STOCH value of 44.76 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:LSF.
L1 Long Short Fund Ltd. Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
82 Outperform | AU$967.23M | 4.90 | 20.60% | 11.02% | 97.07% | 327.59% | |
71 Outperform | AU$3.11B | 4.85 | 26.23% | 2.98% | 637.74% | 538.80% | |
69 Neutral | AU$3.07B | 19.36 | 49.77% | 2.48% | 586.06% | 463.96% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
67 Neutral | AU$1.79B | 6.48 | 19.98% | 3.92% | ― | 40.23% | |
67 Neutral | AU$3.22B | 19.71 | 6.21% | 3.50% | 44.63% | -63.30% | |
61 Neutral | AU$43.46M | 6.80 | 10.39% | 5.06% | 296.18% | -17.85% |
* Financial Sector Average
AU:LSF
L1 Long Short Fund Ltd.
4.90
1.89
62.63%
AU:L1G
Platinum Asset Management Ltd
1.21
0.55
82.23%
AU:PGF
PM Capital Global Opportunities Fund Ltd.
3.24
0.61
23.01%
AU:RPL
VGI Partners Ltd.
2.45
-0.14
-5.26%
AU:FPC
Fat Prophets Global Contrarian Fund Ltd.
1.36
0.07
5.34%
AU:MFF
MFF Capital Investments Ltd.
5.43
0.83
17.97%
L1 Long Short Fund Ltd. Corporate Events
L1 Long Short Fund Reports Updated NTA Per Share for August 2026
Aug 26, 2026
L1 Long Short Fund Limited has reported its unaudited net tangible asset backing per ordinary share as at 24 August 2026. The NTA before tax stood at $4.5964 per share, while the NTA after tax, calculated following all applicable taxes, was $4.217...
L1 Long Short Fund lodges FY26 annual report and governance disclosures
Aug 26, 2026
L1 Long Short Fund Limited has released its FY26 annual reporting package to the market, including the Appendix 4E and FY26 Annual Report, a notification of dividend or distribution, the Appendix 4G and FY26 Corporate Governance Statement and a sh...
L1 Long Short Fund lifts FY26 returns and raises dividends again
Aug 26, 2026
L1 Long Short Fund Limited reported another year of strong performance for FY 2026, delivering a 45.4% net return over the 12 months to 30 June 2026, significantly outperforming the ASX 200 Accumulation Index. Over three, five and since-IPO period...
L1 Long Short Fund Reports August NTA Backing Per Share
Aug 26, 2026
L1 Long Short Fund Limited has reported its unaudited net tangible asset backing per share as at 21 August 2026, with NTA before tax of $4.5998 and NTA after tax of $4.2156. The update provides investors with an indication of the fund’s unde...
L1 Long Short Fund Declares Quarterly Dividend for June 2026
Aug 26, 2026
L1 Long Short Fund Limited has declared a quarterly dividend of AUD 0.038 per ordinary fully paid share for the period ended 30 June 2026, reinforcing its ongoing commitment to regular capital returns for investors. The distribution will be paid o...
L1 Long Short Fund lifts profit and NTA as it accelerates dividend growth
Aug 26, 2026
L1 Long Short Fund Limited reported a sharp increase in profitability for the year to 30 June 2026, with income from ordinary activities rising more than fourfold to $1.29 billion and post‑tax profit to equity holders climbing to $634.6 mill...
L1 Long Short Fund Updates Net Tangible Asset Backing Per Share
Aug 24, 2026
L1 Long Short Fund Limited reported its net tangible asset backing per share as at 20 August 2026, with NTA before tax at $4.5581 and NTA after tax at $4.1809. These unaudited figures provide investors with an updated view of the fund’s asse...
L1 Long Short Fund Updates Net Tangible Asset Backing
Aug 20, 2026
L1 Long Short Fund Limited has reported its unaudited net tangible asset backing per share as at 18 August 2026, with NTA before tax of $4.4705 and NTA after tax of $4.1224. The disclosure offers investors an updated view of the fund’s portf...
L1 Long Short Fund Updates NTA Backing as at 17 August 2026
Aug 19, 2026
L1 Long Short Fund Ltd. reported its unaudited net tangible asset backing per ordinary share as at 17 August 2026, with NTA before tax at $4.5574 and NTA after tax at $4.1785. The figures reflect the fund’s portfolio valuation on a pre- and ...
L1 Long Short Fund Updates NTA Backing per Share
Aug 18, 2026
L1 Long Short Fund Limited has reported its net tangible asset backing per ordinary share as at 14 August 2026, with an unaudited before-tax NTA of $4.5576 and an after-tax NTA of $4.1761. The disclosure provides investors with an updated view of ...
L1 Long Short Fund Reports Updated NTA Per Share for August 2026
Aug 17, 2026
L1 Long Short Fund Limited has reported its unaudited net tangible asset backing per ordinary share as at 13 August 2026, with NTA before tax at $4.5152 and NTA after tax at $4.1455. The figures, which differentiate between pre-tax and post-tax as...
L1 Long Short Fund Updates NTA Backing Per Share
Aug 16, 2026
L1 Long Short Fund Limited has reported its net tangible asset backing per ordinary share as at 12 August 2026, with the unaudited pre-tax NTA at $4.5548 and post-tax NTA at $4.1693. These figures, released to the Australian Securities Exchange, o...
L1 Long Short Fund Updates NTA Backing Per Share
Aug 13, 2026
L1 Long Short Fund Limited reported its unaudited net tangible asset backing per ordinary share as of 11 August 2026, with NTA before tax at $4.5596 and NTA after tax at $4.1715. The disclosure gives investors an updated view of the fund’s u...
L1 Long Short Fund Reports Updated Net Tangible Asset Backing
Aug 13, 2026
L1 Long Short Fund Limited has reported its net tangible asset backing per ordinary share as at 10 August 2026, with an unaudited pre-tax NTA of $4.5367 and a post-tax NTA of $4.1508. The disclosure provides investors with an updated view of the f...
L1 Long Short Fund Updates NTA Backing as at 7 August 2026
Aug 11, 2026
L1 Long Short Fund Limited reported its net tangible asset (NTA) backing per ordinary share as at 7 August 2026, providing investors with updated valuation metrics for the listed investment vehicle. The fund’s NTA before tax was $4.4927 per ...
L1 Long Short Fund absorbs July setback but extends lead over ASX benchmark
Aug 11, 2026
L1 Long Short Fund Ltd. reported that its portfolio fell 1.5% in July, lagging the ASX200 Accumulation Index’s 2.3% gain, as sharp rotations in global markets, a sell-off in AI-related and semiconductor stocks, and renewed Middle East tensio...
L1 Long Short Fund Updates Net Tangible Asset Backing
Aug 10, 2026
L1 Long Short Fund Ltd. reported its net tangible asset backing per ordinary share as of 6 August 2026, with an unaudited pre-tax NTA of $4.3866 and an after-tax NTA of $4.0480. The disclosure offers investors updated transparency on the fund̵...
L1 Long Short Fund Updates Net Tangible Asset Backing
Aug 9, 2026
L1 Long Short Fund Limited reported its net tangible asset backing per ordinary share as at 5 August 2026, with NTA before tax at $4.3768 and NTA after tax at $4.0406. The figures, which are unaudited and approximate, give investors an updated vie...
L1 Long Short Fund Updates Net Tangible Asset Backing
Aug 6, 2026
L1 Long Short Fund Limited reported its unaudited net tangible asset backing per ordinary share as of 4 August 2026, with NTA before tax at $4.2713 and NTA after tax at $3.9711. The release clarifies that the pre‑tax NTA excludes deferred ta...
L1 Long Short Fund Updates July Net Tangible Asset Backing
Aug 4, 2026
L1 Long Short Fund Limited has reported its unaudited net tangible asset backing per ordinary share as at 31 July 2026, with NTA before tax at $4.1777 and NTA after tax at $3.9039. The disclosure provides investors with an updated measure of the f...
L1 Long Short Fund Reports July 2026 NTA Per Share
Aug 3, 2026
L1 Long Short Fund Limited has reported its unaudited net tangible asset backing per share as at 30 July 2026, with NTA before tax of $4.1539 and NTA after tax of $3.8837. The disclosure provides investors with an updated view of the fund’s ...
L1 Long Short Fund Updates July Net Tangible Asset Backing
Aug 2, 2026
L1 Long Short Fund Limited reported its unaudited net tangible asset backing per ordinary share as at 29 July 2026, with NTA before tax of $4.1210 and NTA after tax of $3.8505. The disclosure, released through the ASX, gives investors updated visi...
L1 Long Short Fund Reports July 2026 NTA Per Share
Jul 30, 2026
L1 Long Short Fund Limited has reported its unaudited net tangible asset backing per ordinary share as at 28 July 2026, providing an update on the current value of its investment portfolio for shareholders. The NTA before tax was disclosed at $4.1...
L1 Long Short Fund Updates Net Tangible Asset Backing per Share
Jul 29, 2026
L1 Long Short Fund Limited has reported its net tangible asset backing per share as at 27 July 2026, with the NTA before tax stated at $4.1885 and the NTA after tax at $3.9007. The figures are unaudited and approximate, providing investors with an...
L1 Long Short Fund Updates Net Tangible Asset Backing Per Share
Jul 26, 2026
L1 Long Short Fund Limited has reported its net tangible asset backing per ordinary share as at 22 July 2026, with NTA before tax of $4.2174 and NTA after tax of $3.8956. The figures, which are unaudited and approximate, reflect the portfolio̵...
L1 Long Short Fund Updates Net Tangible Asset Backing
Jul 23, 2026
L1 Long Short Fund Limited has reported its net tangible asset backing per ordinary share as at 21 July 2026, with NTA before tax of $4.1711 and NTA after tax of $3.8634. The figures, which are unaudited and approximate, offer investors an updated...
L1 Long Short Fund Updates Net Tangible Asset Backing
Jul 22, 2026
L1 Long Short Fund Limited has reported its unaudited net tangible asset backing per ordinary share as at 20 July 2026, with NTA before tax at $4.0627 and NTA after tax at $3.7856. The update provides investors with a current snapshot of the fund&...
L1 Long Short Fund Updates Net Tangible Asset Backing Per Share
Jul 21, 2026
L1 Long Short Fund Limited has reported its net tangible asset backing per ordinary share as at 17 July 2026, with NTA before tax of $4.0680 and NTA after tax of $3.7859. The figures, which are unaudited and approximate, provide investors with an ...
L1 Long Short Fund Updates Net Tangible Asset Backing per Share
Jul 13, 2026
L1 Long Short Fund Limited has reported its unaudited net tangible asset backing per ordinary share as at 9 July 2026, with NTA before tax of $4.2154 and NTA after tax of $3.8817. The disclosure provides investors with an updated snapshot of the f...
L1 Long Short Fund Reports Updated Net Tangible Asset Backing
Jul 9, 2026
L1 Long Short Fund Limited has reported its latest unaudited net tangible asset backing per share as at 7 July 2026, providing investors with an update on the value of its investment portfolio. The company disclosed an NTA before tax of $4.2514 pe...
L1 Long Short Fund Extends Strong Outperformance Despite June Pullback
Jul 8, 2026
L1 Long Short Fund reported a modest portfolio decline of 0.7% in June, lagging the ASX200AI’s 0.7% gain, but extended its strong calendar-year performance to 12.5% versus 2.4% for the benchmark. Over the past year the portfolio has returned...
L1 Long Short Fund Updates Net Tangible Asset Backing Per Share
Jul 8, 2026
L1 Long Short Fund Limited has reported its latest net tangible asset backing per ordinary share as at 6 July 2026, providing an update on the value of its listed investment portfolio. The fund’s NTA before tax stands at $4.3667 per share, w...
L1 Long Short Fund Reports July 2026 Net Tangible Asset Backing
Jul 7, 2026
L1 Long Short Fund Limited has reported its unaudited net tangible asset backing per ordinary share as of 3 July 2026, with NTA before tax of $4.3883 and NTA after tax of $3.9977. The disclosure provides investors with an updated indication of the...
L1 Long Short Fund Updates Net Tangible Asset Backing Per Share
Jul 6, 2026
L1 Long Short Fund Limited has reported its net tangible asset backing per share as at 2 July 2026, with NTA before tax of $4.3733 and NTA after tax of $3.9876. The figures, which are unaudited and approximate, indicate the underlying value of the...
L1 Long Short Fund Reports Updated Net Tangible Asset Backing
Jul 5, 2026
L1 Long Short Fund Limited has reported its unaudited net tangible asset backing per ordinary share as at 1 July 2026, with NTA before tax of $4.3222 and NTA after tax of $3.9522. The disclosure of both pre- and post-tax NTA provides investors wit...
L1 Long Short Fund Reports June 2026 NTA Per Share
Jul 2, 2026
L1 Long Short Fund Limited reported its unaudited net tangible asset backing per share as at 30 June 2026, with NTA before tax at $4.3170 and NTA after tax at $3.9503. The disclosure of both pre- and post-tax NTA gives investors clearer insight in...
L1 Long Short Fund Reports June 2026 NTA Per Share
Jul 1, 2026
L1 Long Short Fund Limited has reported its unaudited net tangible asset backing per ordinary share as at 29 June 2026. The company disclosed an NTA before tax of $4.3209 per share and an NTA after tax of $3.9462 per share, reflecting the value of...
L1 Long Short Fund Updates June 2026 NTA Per Share
Jul 1, 2026
L1 Long Short Fund Limited reported its unaudited net tangible asset backing per share as at 26 June 2026, with NTA before tax of $4.3554 and NTA after tax of $3.9705. The disclosure provides investors with an updated measure of the fund’s u...
L1 Long Short Fund Updates June 2026 Net Tangible Asset Backing
Jun 29, 2026
L1 Long Short Fund Limited reported its unaudited net tangible asset backing per ordinary share as at 25 June 2026, with NTA before tax of $4.3630 and NTA after tax of $3.9753. These figures provide investors with an updated indication of the unde...
L1 Long Short Fund Reports June 2026 NTA per Share
Jun 28, 2026
L1 Long Short Fund Limited reported its unaudited net tangible asset (NTA) backing per ordinary share as of 24 June 2026, with NTA before tax at $4.3337 and NTA after tax at $3.9534. The release, authorised by the company secretary, provides inves...
L1 Long Short Fund Updates Director Harry Kingsley’s Indirect Shareholding
Jun 26, 2026
L1 Long Short Fund Limited has reported a change in director Harry Kingsley’s relevant interest in the company’s securities. The change arises from indirect holdings through King5 Pty Ltd as trustee for the Leaburn Family Trust and Kin...
L1 Long Short Fund Reports Updated NTA Per Share
Jun 25, 2026
L1 Long Short Fund Limited has reported its unaudited net tangible asset backing per ordinary share as at 23 June 2026, with NTA before tax of $4.3534 and NTA after tax of $3.9683. The disclosure offers investors updated visibility on the fundR...
L1 Long Short Fund Updates NTA Backing Per Share
Jun 23, 2026
L1 Long Short Fund Limited has reported its unaudited net tangible asset backing per ordinary share as at 19 June 2026, with NTA before tax of $4.4000 and NTA after tax of $4.0040. The figures reflect the company’s current portfolio valuatio...
L1 Long Short Fund Reports June Net Tangible Asset Backing
Jun 22, 2026
L1 Long Short Fund Limited reported its unaudited net tangible asset backing per ordinary share as of 18 June 2026, with NTA before tax at $4.4292 and NTA after tax at $4.0248. The disclosure, authorised by the company secretary, gives investors u...
L1 Long Short Fund Lists Additional Shares from Distribution Plan
Jun 22, 2026
L1 Long Short Fund Ltd. has applied for quotation on the ASX of 838,920 ordinary fully paid shares, issued under a dividend or distribution plan. The additional securities, effective 22 June 2026, modestly expand the fund’s listed capital ba...
L1 Long Short Fund Posts Mid-June NTA Update
Jun 18, 2026
L1 Long Short Fund Ltd. reported its unaudited net tangible asset backing per share as of 16 June 2026, with NTA before tax at $4.4935 and NTA after tax at $4.0631. The disclosure provides investors with an updated view of the fund’s underly...
L1 Long Short Fund Reports June NTA Update
Jun 17, 2026
L1 Long Short Fund Limited reported its net tangible asset backing per share as at 15 June 2026, with NTA before tax of $4.4477 and NTA after tax of $4.0442. The figures are unaudited and reflect the value of the fund’s investment portfolio ...
L1 Long Short Fund Updates Net Tangible Asset Backing Per Share
Jun 16, 2026
L1 Long Short Fund Limited reported its net tangible asset backing per ordinary share as of 12 June 2026, with NTA before tax at $4.2985 and NTA after tax at $3.9435. The figures, which are unaudited and approximate, reflect the fund’s under...
L1 Long Short Fund Updates Net Tangible Asset Backing per Share
Jun 16, 2026
L1 Long Short Fund Limited reported its net tangible asset backing per ordinary share as at 11 June 2026, providing investors with updated valuation metrics for the listed investment company. The fund disclosed an unaudited pre‑tax NTA of $4...
L1 Long Short Fund Posts Updated Net Tangible Asset Backing
Jun 9, 2026
L1 Long Short Fund Limited reported its unaudited net tangible asset backing per ordinary share as at 4 June 2026, with NTA before tax at $4.3049 and NTA after tax at $3.9465. The disclosure gives investors an updated view of the fund’s unde...
L1 Long Short Fund Updates Quarterly Dividend Notice to Add DRP Pricing
Jun 9, 2026
L1 Long Short Fund Ltd. has updated its previously announced quarterly dividend for the period ended 31 March 2026 on its ordinary fully paid shares, clarifying details of the distribution. The update specifically adds the dividend reinvestment pl...
L1 Long Short Fund Reports June 2026 NTA Per Share
Jun 8, 2026
L1 Long Short Fund Ltd. has reported its latest net tangible asset backing per ordinary share as of 3 June 2026, with an unaudited pre-tax NTA of $4.2789 and a post-tax NTA of $3.9297. The update provides investors with an approximate measure of t...
L1 Long Short Fund Updates June Net Tangible Asset Backing
Jun 4, 2026
L1 Long Short Fund Limited reported its unaudited net tangible asset backing per share as at 2 June 2026, with NTA before tax of $4.3922 and NTA after tax of $3.9829. The release provides investors with an updated measure of the fund’s per&#...
L1 Long Short Fund Reports June 2026 NTA and Ex-Dividend Adjustment
Jun 3, 2026
L1 Long Short Fund Limited reported its unaudited net tangible asset backing per ordinary share as of 1 June 2026, with NTA before tax at $4.3247 and NTA after tax at $3.9572. The company noted that these figures are approximate and reflect the po...
L1 Long Short Fund Reports Updated Net Tangible Asset Backing
Jun 2, 2026
L1 Long Short Fund Limited reported its net tangible asset backing per ordinary share as of 29 May 2026, with NTA before tax of $4.3778 and NTA after tax of $4.0083. The figures, which are unaudited and approximate, highlight the fund’s post...
L1 Long Short Fund Updates NTA Backing per Share
Jun 1, 2026
L1 Long Short Fund Limited has reported its unaudited net tangible asset backing per ordinary share as at 28 May 2026, with NTA before tax at $4.3143 and NTA after tax at $3.9617. The disclosure offers investors an updated view of the fund’s...
L1 Long Short Fund Updates ASX on May 2026 Net Tangible Assets
May 31, 2026
L1 Long Short Fund Limited reported its net tangible asset backing per ordinary share as at 27 May 2026, providing updated valuations for investors in the listed fund. The company disclosed an unaudited pre-tax NTA of $4.2748 per share and an afte...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.