Last week, Navitas Limited (ASX: NVT) hosted an investor day

Last week, Navitas Limited (ASX: NVT) hosted an investor day. Navitas is a global education provider and its main business stream, University Programs Division, partners with universities to help increase their proportion of overseas students. In July, Navitas lost a large contract with Macquarie University, its shares tumbled and we subsequently bought shares for our investment portfolio. At the investor day, the company disclosed that it is currently in discussions with two universities which would make up for the lost income stream from the Macquarie University contract if they come to fruition. Navitas also confirmed guidance for the year and the shares traded up 8% last week. We own Navitas shares in the investment portfolio.