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Molten Ventures VCT Reports Half-Year Results Amid Challenging Market
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Molten Ventures VCT Reports Half-Year Results Amid Challenging Market

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Molten Ventures VCT plc ( (GB:MVCT) ) has shared an announcement.

Molten Ventures VCT plc has released its half-year results for the six months ending 30 September 2024, revealing a challenging market environment for its venture capital investments. Despite a decline in Net Asset Value (NAV) and a capital loss, the company has maintained its dividend policy and continues to support its portfolio companies. The company made three new investments totaling £3.3 million and saw a successful exit with Endomagnetics Ltd, which returned a significant multiple on their investment. The company is optimistic about future investment opportunities and plans to resume share buybacks and dividends after March 2025, aiming to leverage improving market conditions to drive strong future performance.

More about Molten Ventures VCT plc

YTD Price Performance: -11.82%

Average Trading Volume: 4,422

Technical Sentiment Consensus Rating: Buy

Find detailed analytics on MVCT stock on TipRanks’ Stock Analysis page.

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