Digital 9 Infrastructure Plc (GB:DGI9) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Digital 9 Infrastructure Plc (D9) has indicated a significant decrease in its unaudited portfolio valuation and Net Asset Value (NAV) per share as of 30 June 2024, which has dropped from 79.3p to 45p since the last published valuation. This reduction is primarily due to revised assumptions affecting the finance availability and growth outcomes for the portfolio companies. The company is also progressing with its strategic sales processes and reviewing its investment management arrangements, with further updates to be announced.
For further insights into GB:DGI9 stock, check out TipRanks’ Stock Analysis page.