EBB puzzles me. If what management disclosed is correct, the only reason I can think of for the bigger-than-peers' drop should come from Tricom or BabcockBrown selling their holdings.
EBB lost 75% from its peak and 50% in a couple of months, the management's explanation doesn't sound convincing.
EBB
everest babcock & brown limited
who bought the 12million shares at 1 dollar, page-3
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