ninemsn.com.au
Nylex not sure over share price surge
Monday Sep 10 11:07 AEST
Diversified manufacturer Nylex Ltd says it has nothing to disclose that might explain a surge in the company's share price last week.
Nylex was queried by the Australian Stock Exchange as to why the Nylex share price rose from $1.475 on September 3, 2007 to a high of $1.90 on September 7.
"The company (Nylex) is not aware of any information concerning it that has not been announced, which, if known, could be an explanation for recent trading in the securities of the company," Nylex said in a reply to the exchange.
"There is nothing requiring announcement."
©AAP 2007
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