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