Last week shares in tiny investment company Ducat Ventures (DUC) were suspended after jumping 56% in just a couple of hours. Heck this is AIM so surely nothing could be a bit iffy here…
Er…The company responded with a suspension and then fessed up:
The Company notes the recent rise in its share price. The Company confirms that it is in discussions in relation to a possible transaction which, if completed, would constitute a reverse transaction pursuant to the AIM Rules. Consequently, the Company has requested that its shares are temporarily suspended, pending a further announcement.
Knock me down with a feather.
on Shareprophets | CommentsFiled under: