By Steve Moore | Friday 18 December 2020
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
United Carpets (UCG) has announced a tender offer it emphasises represents premiums including of “19.05 per cent. to the closing share price on the 17 December… 78.44 per cent. to the nine-month average closing share price”. With the shares currently at 5.875p, what to make of it?…
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