Investor

A new wave of lending

Duke has just announced a fund-raising of up to £20m, of which £16.1m has already been placed in an institutional offering at 44p per share. This will allow it to invest another £45m in the next 12 months. We estimate a sustainable ROE of 14% for Duke and we see the current fair value range at 50–58p per share.

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Investor

A royal high-yielding investment

Duke Royalty, an Aim-traded company that makes its money by providing capital to companies in exchange for rights to a small percentage of their future revenues over a typical term of 25-40 years, has reported a robust set of annual results and a new credit line that has prompted analysts to materially upgrade their forecasts.

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Investor

Duke’s Royal Credentials

Duke Royalty, an Aim-traded company that makes its money by providing capital to companies in exchange for rights to a small percentage of their future revenues over a typical term of 25-40 years, has reported a robust trading update ahead of the release of its annual results on Monday 9 September.

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Investor

Podcast: Neil Johnson, CEO of Duke Royalty

In a wide ranging podcast, Johnson discusses investment opportunities and short-term challenges in equal measure. He also touches on portfolio optimisation and the sort of synergies the company hopes to achieve via the Capital Step acquisition and what potential and existing investors can expect over the medium-term.

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