VGI Partners Asian Investments Ltd (AU:RG8) has released an update.
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Regal Asian Investments Ltd reported a net portfolio return of -7.4% for November 2024, reflecting the broader weakness in Asian markets, including declines in South Korea and China. Despite setbacks in companies like SK Hynix and Olympus Corp, the firm remains optimistic about future growth, particularly in AI and nuclear energy sectors. The company’s share price ended the month at $2.08, trading at a 10% discount to its post-tax net tangible assets per share.
For further insights into AU:RG8 stock, check out TipRanks’ Stock Analysis page.
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