Investment Ideas – adding D9 to Alternative Funds Trading List

There are some real headwinds but I think the fears are now overcooked. I set a 85p/90p target price. I also think the fund will become a bid target, largely because Verne Global is a world class gem.

I’m probably not the only shareholder at Digital 9 who bought into the fund at launch and is now wondering what the heck went wrong – for the record I also bought into its rival Cordiant at launch and continue to own shares in both funds (yikes). To recap, for those who don’t know either fund, D9 and Cordiant both invest in a portfolio of digital infras…