RiverFort Global Opportunities Plc (GB:RGO) has released an update.
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RiverFort Global Opportunities Plc has successfully redeemed its debt and equity-linked portfolio for cash, boosting its NAV to £4.7 million and increasing its cash balance to £2.9 million as of June 30, 2024. The company has partially realized profits from its investment in Smarttech247 and is actively pursuing a reinvention as an operating company in the wellness sector through the acquisition of S-Ventures plc. Despite a decrease in investment income and equity values, the firm is well-capitalized to fund its ongoing investment strategy.
For further insights into GB:RGO stock, check out TipRanks’ Stock Analysis page.
