The Investment (GB:INV) has released an update.
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The Investment Company PLC reports a significant turnaround in their annual results for the year ended 30 June 2024, with a net asset value per share increase of 17.76% and a share price uptick of 3.82%. The change in investment strategy to focus on UK listed small and mid-cap equities has coincided with a market recovery, despite initial economic headwinds. This strategic pivot, overseen by Chelverton Asset Management, reflects a period of transition and growth for the company.
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