Dundee Realty Asset Management (OTC:DRUNF) ("DREAM" or "DREAM Unlimited" or "the Company") is an undercovered and undervalued landowner, real estate developer and real estate asset manager, recently spun off from Dundee Corporation (OTCPK:DDEJF) ("Dundee").
To make the DREAM value proposition more visible to the investment community, Dundee spun out 50% of DREAM, meanwhile retaining a 20% interest, leaving the remaining 30% of DREAM beneficially owned by Michael Cooper, CEO of Dundee REIT (OTC:DRETF) through a corporation owned by him, Sweet Dream Corporation ("SDC").
Shares of DREAM began trading on the Toronto Stock Exchange on May 27, 2013 and the OTC market in the US on June 20, 2013. The stock opened at $11 CAD...
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