27 February 2026 - NAV update
The AIM-listed investment group has revealed that its net asset value per share at 31 December was 26.7p, the same as at 30 September. The shares stand at a significant discount to this but it is hard to see what the catalyst will be for this to change. The main issue seems to be that the group's investments are now all in private companies which are valued by the company's investment manager DBAY. Two of the holdings are in companies that were previously quoted in Finsbury Food and Alliance Pharma although . . .
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