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Digital 9 Infrastructure shareholders have been dealt a fresh blow after the investment trust’s audited end of December net asset value was slashed.
Digital 9 Infrastructure (D9) trust has received the deferred consideration payment from its near £450m sale of Verne Global.
Stifel has downgraded Digital 9 Infrastructure from ‘positive’ to ‘negative’ due to “materially incorrect” valuations in the trust’s latest update.
An overwhelming majority of Digital 9 Infrastructure (DGI9) shareholders have approved the wind-down of the trust in a general meeting.
Barclays reiterated their equal weight rating on shares of Digital 9 Infrastructure (LON:DGI9 – Free Report) in a report released on Tuesday morning, MarketBeat.com reports. Barclays currently has a GBX 50 ($0.63) target price on the stock. Digital 9 Infrastructure Stock Down 23.7 % Shares of DGI9 opened at GBX 17.70 ($0.22) on Tuesday. The […]