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Hearts and Minds Investments Revalues Rokt Stake, Boosting NAV

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Hearts and Minds Investments Revalues Rokt Stake, Boosting NAV

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An update from Hearts and Minds Investments Ltd ( (AU:HM1) ) is now available.

Hearts and Minds Investments Ltd has revalued its investment in Rokt Inc. from US$25 to US$35 per share, following a significant secondary transaction by Rokt. This revaluation reflects a 61% unrealized gain and has increased the company’s net asset value per share by 4 cents, with the investment in Rokt now comprising 3.9% of HM1’s total portfolio.

More about Hearts and Minds Investments Ltd

Hearts and Minds Investments Ltd operates within the investment industry, focusing on managing an investment portfolio. The company aims to provide returns by leveraging strategic investments across various sectors.

YTD Price Performance: 2.58%

Average Trading Volume: 185,737

Technical Sentiment Consensus Rating: Sell

Find detailed analytics on HM1 stock on TipRanks’ Stock Analysis page.

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