Tribeca Global LIC stung by war, recession worries
Local listed investment company Tribeca Global Natural Resources has posted a loss for the 2022 financial year as falling sharemarkets and concerns about a global economic slowdown hurt some of the fund's largest investments.
The LIC registered an $11.8 million loss for the financial year on an after-tax basis and will not pay a dividend for the period. Net tangible assets on a per-share basis, excluding tax, fell 22.4 per cent.
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