Orion Equities Reports Pre-Tax NTA of $0.4188 Per Share for October 2026

Anjali Anand

10 November 2026 05:05 PM AEDT

Orion Equities Reports Pre-Tax NTA of $0.4188 Per Share for October 2026

Image Source: Krish Capital Pty Ltd

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Orion Equities Limited (ASX:OEQ) has disclosed its net tangible asset backing for the month ending 31 October 2026, reporting a pre-tax and post-tax NTA per share of $0.4188, compared with $0.4255 for the month ending 30 September 2026, representing a change of -1.56%.

Key Points

Pre-tax and post-tax NTA per share was $0.4188 as at 31 October 2026, down from $0.4255 at 30 September 2026, a -1.56% change
Consolidated net tangible assets (before and after tax) were $6.554 million at 31 October 2026, compared with $6.658 million at 30 September 2026
Total issued share capital remained unchanged at 15,649,228 shares across both periods
Orion's 20,513,783 shares (26.95% interest) in Bentley Capital Limited (ASX:BEL) carry a nil value under the equity accounting method

NTA Composition as at 31 October 2026

According to the filing, Orion Equities' pre-tax NTA of $6.554 million comprised shares in Strike Resources Limited (ASX:SRK) valued at $0.190 million, shares in other listed securities valued at $0.672 million, investment property of $2.500 million, and net cash, receivables, payables, other assets and provisions of $3.192 million. No tax provisions were recorded for the current month, prior year, or as a net deferred tax asset or liability, resulting in post-tax NTA equalling the pre-tax NTA of $6.554 million.

Bentley Capital Investment Carried at Nil Under Equity Method

The filing states that Orion's 20,513,783 shares, representing a 26.95% interest in Bentley Capital Limited (ASX:BEL), are accounted for under the equity method as an associated entity, and the carrying value has been reduced to nil as a consequence of accumulated recognition of BEL's net losses. The company noted that BEL's last bid price on ASX was 0.9 cent per share, valuing Orion's investment at $0.185 million, while BEL's after-tax NTA backing of 0.3 cent per share implied a value of $63,000 for Orion's holding as at 31 October 2026.

Strike Resources and Investment Property Holdings

The filing disclosed that Orion held 10,000,000 shares in Strike Resources Limited (ASX:SRK) at 31 October 2026, unchanged from the prior month, with a value of 1.19 cents per share based on the closing bid price, the same as at 30 September 2026, resulting in a carrying value of $0.190 million. The investment property remained at $2.500 million, consistent with the prior month, and was valued by an independent qualified licensed valuer of the Australian Property Institute as at 30 June 2026. The fair value of other listed securities was $0.672 million, compared with $0.790 million the previous month.

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