Agronomics Limited (GB:ANIC) has released an update.
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Agronomics Limited, a pioneer in cellular agriculture investment, reported a slight dip in its Net Asset Value per share to 16.42 pence as of June 30, 2024, marking a 3.3% decrease from the previous quarter. Despite challenging market conditions, the company has actively participated in significant funding rounds for its portfolio companies, including Mosa Meat and Solar Foods, and welcomed new leadership at Meatable. The company’s share price at the end of the quarter stood at a 63% discount to NAV, indicative of the company’s confidence in its investments and operational strategy.
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