Private equity trust Literacy Capital (LON:BOOK) suffered a ‘material widening’ of its share price discount to net asset value (NAV) in H1. The fund’s NAV per share declined by a modest 2.4% to 472.6p. Unfortunately, this sharp de-rating meant Literacy Capital delivered a disappointing 20.6% loss for shareholders. That compared to a 10.4% increase for … Continue reading Analyst sees ‘encouraging signs’ at Literacy Capital