CDD 6.00% 26.5¢ cardno limited

Shorts Covering, page-12

  1. 14,113 Posts.
    lightbulb Created with Sketch. 8
    It really depends on why he resigned. There's no accompanying statement about a deterioration in projected earnings. But the market doesn't believe there's nothing to it...the shares fell off a cliff. You would hope that they would be required to issue a clarifying statement re earnings expectations or be suspended from trade until they do clarify. As it is trading is not being done on an informed basis.

    Reaper.
 
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