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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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DX Group - Bid agreed; gain 161%

January 2024

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • DX.
  • Price:
  • 47p
After a protracted negotiation, DX has announced it has received a recommended bid at 47.5p a share (plus a 1p dividend) from HIG Capital. This represents a 33% premium to the closing price prior to the announcement and irrevocable undertakings have been received from parties speaking for 29% of the shares. As I said previously, not particularly generous but it still makes for a gain since my original write-up back in December ‘20 of 161%. A nice boost for TP2 also. I am accepting the offer. ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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