Ozgrowth books 19.2% lift in investments
You have no credits left. To view this article subscribe to Business News.
You have used {{points}} and have {{current_points}} remaining. Your credits will reset on {{reset_date}}.
This article is part of a special report and is available to paid Business News subscribers only.
You can purchase access to this special report or subscribe to Business News.
You can purchase access to this special report or subscribe to Business News.
This article is premium content and is available to paid Business News subscribers only.
Subscribe to Business News.
Subscribe to Business News.
Friday, 17 July, 2009 - 14:15
Investment company Ozgrowth has recorded a 19.2 per cent rise in the value of its investment portfolio in the June quarter, adding to the near 12 per cent increase posted in the previous quarter.
In its quarterly update today, the Euroz-owned company said since its investment strategy in January 2008, the portfolio has increased in value by 3.7 per cent.
Net tangible assets climbed from 17.8 cents a share to 20 cents while at the end of the quarter, 52 per cent of assets were held in cash compared to 57 per cent recorded in the March quarter.
Shares in Ozgrowth closed unchanged at 14c today.
Companies: