8.12.2024

My bad

I was wrong about who it was that last requested Oscar Properties Holding AB (OP) into bankruptcy. It was not the condominium association Innovation but the real estate company DSAM Sverige AB. Today, DSAM Sverige AB has withdrawn its bankruptcy application against (OP) and (OP's) share price is soaring on the Swedish stock exchange. At one point, the share price had risen by more than 73% compared to the opening price.

The withdrawal of the application takes place after (OP) has paid its debt to DSAM Sweden AB. The response from (OP) after DSAM Sverige AB withdrew the bankruptcy application was to request the money back in an arbitration procedure. (OP) has large tax debts and there is a rumor that the Swedish Tax Agency intends to file for (OP) bankruptcy if the tax debt is not settled.

With four lives used up, (OP) has at least five left…

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