London Finance & Investment (GB:LFI) has released an update.
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London Finance & Investment Group PLC has liquidated its stock market investments, opting to hold £23.2 million in short-term fixed deposits in Sterling and US dollars with an interest rate of approximately 4.7%. This strategic move reflects a shift in the company’s investment approach, potentially signaling a cautious stance in the current market environment.
For further insights into GB:LFI stock, check out TipRanks’ Stock Analysis page.