Chrysalis Investments’ latest quarterly NAV update showed an 11% increase in NAV per share to 156.62p, which reflected uplifts in the carrying values of Klarna, Starling Bank and wefox (amongst others), almost no write downs, and the benefit of the share buyback. Following the disposal of Featurespace in December and the drawdown of a debt facility, the Group now has a sizable gross cash position (£141m) which can continue to be deployed on share buybacks to narrow the current c. 40% discount t ....

30 Jan 2025
Chrysalis Investments (CHRY LN) - NAV per share up 11%, buyback should continue to close discount - BUY

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Chrysalis Investments (CHRY LN) - NAV per share up 11%, buyback should continue to close discount - BUY
Chrysalis Investments Limited (CHRY:LON) | 105 1.9 1.7% | Mkt Cap: 551.6m
- Published:
30 Jan 2025 -
Author:
Carl Smith, CFA -
Pages:
5 -
Chrysalis Investments’ latest quarterly NAV update showed an 11% increase in NAV per share to 156.62p, which reflected uplifts in the carrying values of Klarna, Starling Bank and wefox (amongst others), almost no write downs, and the benefit of the share buyback. Following the disposal of Featurespace in December and the drawdown of a debt facility, the Group now has a sizable gross cash position (£141m) which can continue to be deployed on share buybacks to narrow the current c. 40% discount t ....