Chrysalis Investments Limited (GB:CHRY) has released an update.
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Chrysalis Investments Limited reported a slight decrease in its Net Asset Value per share for the quarter ending September 2024, primarily due to adverse foreign exchange movements. Despite this, the company has strengthened its liquidity position significantly, boosted by the sale of Graphcore to SoftBank and an anticipated sale of Featurespace to Visa. Looking ahead, Chrysalis is eyeing further liquidity from a potential Klarna IPO and plans to explore new investment opportunities, aiming for long-term growth.
For further insights into GB:CHRY stock, check out TipRanks’ Stock Analysis page.