Previous close | 21.50 |
Open | 21.00 |
Bid | 21.70 x N/A |
Ask | 21.95 x N/A |
Day's range | 21.00 - 21.95 |
52-week range | 14.50 - 72.00 |
Volume | |
Avg. volume | 4,077,381 |
Market cap | 189.906M |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | 21.95 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
D9 in October, had said it was assessing a divestment of its Verne Global shareholding and had received indicative offers. It has now sold the stake to funds managed by private equity investment company Ardian France SA. The FTSE-250 company said initiating a strategic review before the Verne deal "could have undermined the process to maximise shareholder value from Verne Global without directly helping to address (D9's) financial uncertainty."
Reading this update on our advice to buy a digital infrastructure trust may bring about an uncomfortable feeling of déjà vu among readers because much of what we said about Hipgnosis Songs Fund two weeks ago could also be said of Digital 9 Infrastructure.