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Ducat Ventures – a 56% Move and Suspension, hmmmmmm

Tom Winnifrith
Wednesday 14 May 2014

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 | Comments

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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