It was probably the market reaction. The investors or traders wouldn't believe what the management said. Interesting, Colin Nicholson has dumped this share today(see: http://www.bwts.com.au/index.cfm/portfolio-disclosure/), which was not a good sign. But remember, he also dumped CKF, which is now over $5, and near all time high.
Ann: TRADING UPDATE PRE-AGM, page-7
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