L1 Long Short Fund's Net Tangible Assets Rises in October
MT Newswires Live
Nov 11, 2025
L1 Long Short Fund (ASX:LSF) reported net tangible assets after tax of AU$3.42 in October, up from AU$3.05 last year, according to a Tuesday filing with the Australian bourse.
The company's market cap rose to AU$2.28 billion, up from AU$1.96 billion the previous year, the filing said.
The company believes that the Australian equity index is fully valued and several large capital stocks are trading above historical multiples and global peers, with several undervalued stocks offshore, the filing added.
Shares of the company rose past 1% in recent Tuesday trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.