Monthly Archives: July 2018

Dom Security – Nice offer but now what ?

Dom Security was a French small cap that I discovered 2 years ago. My thesis back then was that the underlying business was attractive, that profits will recover and that I will own this “Boring” stock for a long time.

Well, almost exactly 2 years after I have invested, Dom Security came out with some news a few days ago.

The good part: EUR 75 Tender offer (10%)

Dom is planning a tender offer (share buy back) offer for 10% of the outstanding shares at a price of EUR 75 per share. Free float is currently around 30%.

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