Athelney (GB:ATY) has released an update.
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Athelney Trust PLC reports a challenging first half of 2024 with a 10% decline in Net Asset Value and a 23% drop in gross revenue, yet maintaining its share price and reducing the discount to NAV to 1.7%. Despite setbacks from specific holdings and broader economic uncertainty, the company achieved a stable share price performance and announced an interim dividend of 2.3p per share. The Trust remains optimistic, highlighting the UK’s economic recovery and stability, while actively navigating global geopolitical tensions and market volatility.
For further insights into GB:ATY stock, check out TipRanks’ Stock Analysis page.
