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, increasing its cash balance to approximately £2.6 million and reporting a net asset value of 0.68 pence per share. The company also partially realized profits from its investment in Smarttech247 Group plc and is now pursuing a transformation into a listed operating company within the wellness sector. Despite portfolio valuation challenges amid market weaknesses, RiverFort is well-positioned with significant cash and listed assets to adopt a new strategic direction aimed at enhancing shareholder value.
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