Instead of giving him a positive response the shares sell down and keep on leaking like a slow balloon - any ideas as to why?
Combination of stock overhang as you mention later in your post and uncertainty about what they'll get for the non-core brands and what the sale will mean for the Food Division EBIT.
Ann: Sale of Non Core Brands , page-3
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Last
$4.07 |
Change
-0.020(0.49%) |
Mkt cap ! $492.7M | |||
| Open | High | Low | Value | Volume |
| $4.09 | $4.12 | $4.04 | $309.2K | 76.00K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 264 | $4.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.08 | 264 | 1 |
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| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
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