sell on the news, page-22

I dont understand markets these days. So many times recently a company will come out with good news or positive results and the SP falls over??? It was only May last year that ADO hit around 10c and that was well before a real deal like this one had been done and dusted. Bt here we are a year later, with good deals done and more pending and the SP is lower. Just doesnt make any sense any more. Public companies do not seem to be delivering fair value to SH's is this the start of privatsation and the decline of the publec company structures??