Haven't looked at the trading activity myself on DUE but if there is a capper that is more a positive then a negative form my long term holding. A capper means someone wants to accumulate funds at this price or hold the SP back in preparation of a capital raising. Either way it means 1) accumulation for someone that has the ability to cap so a major player - positive, or 2) a SPP in which i'll be able to get more shares cheaply yielding a 11% dividend and some debt will be extinguised.
Either way its a positive in my view, thats of course if there even is a capper. I'm happy to let my DUE shares just float along collecting a great yield and am comfortable that management can handle the debt maturities falling due in the next 12-18 months.
I just really hope they put some funds towards paying down some debt, would mean better returns in the long run.
DUE Price at posting:
$1.69 Sentiment: Hold Disclosure: Held
