Here's a fluff piece on Codan by Motley Fool.
I had to laugh...they think one of the reason for the bad decline yesterday was the 2 "experienced" directors retired.
I've never thought much of any directors impact on a company. In this case, seeing them go after 10 years might be a good thing...as they didn't seem to help the stock price or profits the past 11 years. I'm pretty sure they were paid well though.
http://www.fool.com.au/2015/08/24/why-codan-limiteds-share-price-was-slammed-today/
Full year results, page-6
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Last
$15.80 |
Change
0.030(0.19%) |
Mkt cap ! $2.785B | |||
| Open | High | Low | Value | Volume |
| $15.80 | $15.97 | $15.70 | $2.528M | 159.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 343 | $15.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.81 | 803 | 2 |
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