Molten Ventures VCT plc (GB:MVCT) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Molten Ventures VCT plc reports a decrease in net asset value (NAV) to 48.2 pence and a total return of -6.8% after dividends for the year ended 31 March 2024, amidst a challenging economic climate. The company remains focused on early-stage technology investments, with M&A activity rising and the potential for portfolio growth as market conditions improve. Dividends of 2.5 pence per share were paid during the year, with a final dividend of 1.5 pence proposed.
For further insights into GB:MVCT stock, check out TipRanks’ Stock Analysis page.