Dundee Corp T.DC.A

Alternate Symbol(s): DNDPF | DDEJF | T.DC.P.B | T.DC.P.D | DNDEF

Dundee Corporation is a Canada-based holding company. Through its operating segments, the Company is a mining- focused investor primarily engaged in acquiring mineral resource assets. Its segments include Corporate and Other Portfolio Holdings; Goodman & Company, Investment Counsel Inc.; Dundee Sustainable Technologies Inc.; United Hydrocarbon International Corp., and Dundee 360 Real Estate Corporation. Corporate and Other Portfolio Holdings segment invests in public and private equity and debt securities in diversified industry segments. Goodman & Company, Investment Counsel Inc. includes the activities of Dundee Global Investment Management Inc. Dundee Sustainable Technologies Inc., a 78%-owned subsidiary developing patented sustainable precious and base metals extraction processes. United Hydrocarbon International Corp., an 84%-owned private subsidiary engaged in oil and gas exploration through the holding of a royalty interest in the Republic of Chad.

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Dundee Corp > In the meantime, Genting is moving up

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Comment by pierrelebelon Jan 08, 2024 4:22pm

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Post# 35816358

RE:In the meantime, Genting is moving up

A few weeks later Genting shares have started moving up again. Closed at 4.90myr today in Malaysia.

Speculation. It is all speculation!

From a discussion board in Malaysia today:

"In addition, Genting has call options in TauRx Pharmaceuticals Ltd, in which it holds 20% of the shares, which is currently developing drugs to treat Alzheimer's disease.

It is understood that TauRx has submitted its lead drug hydrogen methylthionine methanesulfonate (HMTM) to the UK Medicines and Healthcare Products Regulatory Agency for consideration for approval.

"We currently value TauRx at only US$1 billion (RM4.65 billion). If the company's valuation reaches US$15 billion as previously reported, our target price for Genting may be raised to more than RM8."
Maybank Investment Bank maintained its "buy" rating on Genting and raised its target price to RM5.84 from RM5.49."