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Thorney Technologies Reports $16.4M Loss, Pursues Portfolio Focus and Buyback

7:28pm on Friday 28th of August, 2026 AEST Investment
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Thorney Technologies Reports $16.4M Loss, Pursues Portfolio Focus and Buyback

7:28pm on Friday 28th of August, 2026 AEST
Key Points
  • Net loss widens to $16.4 million
  • Net tangible asset backing falls to 21.5 cents per share
  • Portfolio narrowed to higher-conviction technology investments
  • 17 million shares bought back at average 10.95 cents
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