Understanding Announcements... DUE

[L plates]

Hi all,

Could someone please let me know how do you interpret announcements ? or more accurately what do you do if you don't understand them !!

DUE is a particular stock that I'm referring to. Today it gapped down on a serious of announcements that I don't understand.

Any help for a beginner would be much appreciated

Cheers
L

 

[rozella]

Over 80 property trusts & other trusts were quoted exdistribution today. DUE was one of those which has a distribution of 12.5 cents, so this was part of the reason. It dropped 19.0 cents today.

It is also going through a group restructure & capital raising procedure, plus a not so great day on the market today....you will need to read the announcements.

rozella