I still have major concerns that the reason for the departure of our current chairman is health related so am not reading too much into his departure or replacement. Particularly given he also made the comment that he would be happy to return if his circumstances change.
I'm thinking that today's rise is primarily due to being oversold yesterday. Some would be day traders and others would have looked at the delay and sidetrack as bad news rather than looking just a tad deeper and seeing all the good news in the announcement. Not that I'm sure how anyone could miss the positives but seemingly quite a few did.
Ann: AGM Chairman's Address, page-185
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