UGL ugl limited
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Excuse my ignorance I am only new to investing but it was...

  1. bilsto
    1,308 Posts.
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    06/11/14
    11:03
    Post #: 14244190
    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.
    UGL Price at posting: $6.28 Sentiment: Hold Disclosure: Unspecified
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    lightbulb Created with Sketch.  Great analysis
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