Small caps round-up: Ambrian Capital, North River, Ark ...

Ambrian Capital slumped to a 52-week low after a trading update littered with references to subdued markets and downward adjustments to the book value of its investments which will cause the company to report a substantial pre-tax loss.

Ambrian Capital slumped to a 52-week low after a trading update littered with references to subdued markets and downward adjustments to the book value of its investments which will cause the company to report a substantial pre-tax loss.

The natural resources investment firm upped the size of the write-down it expects to make on its soon to be sold investment in Ambrian Partners Limited (APL) to about £2m, having previously estimated the hit would be in the region of £1.5m.

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