Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Menhaden Resource Efficiency PLC - investment firm - Records 17% growth in net asset value per share to 155.7 pence as at December 31 from 132.7p on the same date a year prior. Says it share price stood at 112.0p on December 31, up 13% from 99.0p. Attributes this to a strong recovery from the pandemic. NAV total return amounts to 17% over the year from 13%, year-on-year. Says this compares favourably to the 11% increase of its RPI+3% primary performance comparator. Reinstates dividend and recommends payout of 0.2p. Believes it is well-placed for the future.
Current stock price: 104.22 pence
12 Month change: up 2.9%
Copyright 2022 Alliance News Limited. All Rights Reserved.