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Bailador Technology Investments Ltd ( (AU:BTI) ) just unveiled an announcement.
Bailador Technology Investments Limited announced a significant increase in the carrying value of its investment in DASH Technology Group Pty Limited by 49%, bringing it to $44.7 million. This uplift is due to DASH’s successful capital raising at a valuation 59% higher than Bailador’s current equity investment, highlighting DASH’s strong progress and positioning in the wealth management industry. The increase will be reflected in Bailador’s June 2025 shareholder update, indicating positive future growth prospects for DASH and a beneficial impact on Bailador’s net tangible assets.
More about Bailador Technology Investments Ltd
Bailador Technology Investments Limited is an ASX-listed technology expansion capital fund. The company focuses on investing in technology companies, with a specific interest in the financial technology sector. Its portfolio includes DASH Technology Group Pty Limited, a cloud-based financial advice and investment management platform serving independent financial advisers and financial institutions in Australia’s wealth management market.
Average Trading Volume: 165,641
Technical Sentiment Signal: Sell
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