Jan
23
Jump of 930% Baffles Danish Property Firm With Near-Zero Equity
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Victoria Properties, a Danish penny stock, top gainer of 2017
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Management sends statement reminding market it has no equity
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…
Jump of 930% Baffles Danish Property Firm With Near-Zero Equity
