UGL 0.00% $3.71 ugl limited

Ann: DTZ Sale Completion & Ichthys Update, page-2

  1. 1,308 Posts.
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    Excuse my ignorance I am only new to investing but it was announced this morning that shareholders would be paid $3 per share for the sale of DTZ on 27th of Nov. Why has the share price dropped 10% as a result of this announcement. I hold 2300 shares so for me this equates to almost $7000 payout. I would be mad to sell wouldn't I? Can someone please explain. Thank you in advance.
 
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