TMT’s interim results for the period to 30 June 2024 showed continued divergence between the stronger and weaker portfolio performers during a period of continued volatility, especially for technology companies. NAV per share was unchanged on FY23 at $6.62 per share (FY23: $6.62), a resilient performance. TMT takes a very prudent view when valuing portfolio investments and has partially or fully written down the value of 10 investments during the period, resulting in $8.0m of partial and full wr ....

15 Aug 2024
TMT Investments - H1/24 interim results – NAV resilient despite volatility

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TMT Investments - H1/24 interim results – NAV resilient despite volatility
- Published:
15 Aug 2024 -
Author:
Ian McInally -
Pages:
12 -
TMT’s interim results for the period to 30 June 2024 showed continued divergence between the stronger and weaker portfolio performers during a period of continued volatility, especially for technology companies. NAV per share was unchanged on FY23 at $6.62 per share (FY23: $6.62), a resilient performance. TMT takes a very prudent view when valuing portfolio investments and has partially or fully written down the value of 10 investments during the period, resulting in $8.0m of partial and full wr ....