Seraphim Space Investment Trust (LON: SSIT) is in a strong position to benefit from a greater investor focus on the space sector. Rising defence spending is likely to be partly used for satellite and other space technology.
The company’s figures are showing signs of the positive trend, but there is more to come.
The investment company improved its NAV by 5% to 101p/share in the six months to December 2024. There is still £23.5m of cash and quoted holdings are worth £14.1m, where there is potential for share price recovery and could provide additional cash. Investee company Voyager Technologies...
