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ATENCIÒN: Bloomberg: Mystery of Danish Real Estate Firm’s 930% Share Surge

January 23, 2017

Bloomberg, 23. januar 2017 QUOTE: A small Danish property company started 2017 as the biggest winner on the Copenhagen stock market, surging as much as 930 percent since the end of last year. But there’s a problem: Management has no idea why and is trying to talk sense to investors.
Victoria Properties A/S, which had focused on German real estate, on Monday had to remind the market that its equity is gone, responding to a jump in its share price as big as 195 percent in early trading. END OF QUOTE

QUOTE: Traders and analysts called by Bloomberg were unable to explain the company’s share move on Monday. Most of the trading was done by a brokerage that mainly serves retail clients, called NordNet AB. Its transactions accounted for about half of total trades.END OF QUOTE
SOURCE:
https://www.bloomberg.com/news/articles/2017-01-23/930-jump-baffles-danish-real-estate-firm-after-equity-vanishes

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