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IN BRIEF: Africa Opportunity Fund NAV drops 5.2% in April from March

Mon, 20th May 2024 18:30

Africa Opportunity Fund Ltd - Closed ended investment fund focused on Africa - Says net asset value at April 30 is 84.7 US cents down 5.2% from 89.3 cents at March 29, and from 86 cents at December 31. The fund says the drop in NAV reflects investment losses from First Mutual Properties, Mashonaland Holdings and Enterprise Group.

Current stock price: USD0.60

12-month change: up 9.1%

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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