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Wellesley Group Investors– Urban Exposure Asset Bid. This is a spoof surely?

By Tom Winnifrith | Friday 24 April 2020

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Today we are told that Wellesley Group Investors Limited has made a proposal to acquire the assets of Urban Exposure (UEX). This is a spoof and the spike in Urban’s share price cannot be justified if you do any digging at all

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