Dragon-Ukrainian Properties & Dev. Plc (DUPD) – Almost Free Put Option On Offer? – ValueWalk Premium
Commercial Real Estate

Dragon-Ukrainian Properties & Dev. Plc (DUPD) – Almost Free Put Option On Offer?

Just bought quite a lot more DUPD – at an average price of just over 13p. .

I covered DUPD in a number of posts…

The investment managers Dragon capital have bought 10.69% from J&T Securities Management Limited this means they hold over 30% so need to make an offer at 13p for the rest of the company according to the takeover code.

I have bought as we are awaiting details of their offer.  I strongly suspect it will be higher than 13p, and even if it isnt, given that the bid price is at 13p you can just . . .

SORRY!

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