I realise that, but from the way you are all talking, you'd think the company had gone into insolvency.
If anything, management have recognised a change was needed, and acted accordingly. I expect people's stop losses got hit, and maybe some opportunistic shorters jumped on board.
There's nothing that bad in the announcement, the sky is certainly not falling.
Ann: CEO Resignation and Transition Arrangements, page-66
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$3.39 |
Change
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Mkt cap ! $638.2M | |||
| Open | High | Low | Value | Volume |
| $3.50 | $3.61 | $3.37 | $12.59M | 3.619M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4125 | $3.36 |
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| Price($) | Vol. | No. |
|---|---|---|
| $3.39 | 9989 | 1 |
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