CEU
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0.00% 54.5¢ connecteast group

i can only assume it is short sellers closing their shorts - at...

  1. LZA
    1,858 Posts.
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    28/09/11
    09:13
    Post #: 9020247
    i can only assume it is short sellers closing their shorts - at a loss.

    quite a story this one - Lazard was against until the last moment when considering the general poor market they decided on the cash - if the market rise came just a day sooner maybe they would have stuck to their guns?

    either way i am quite happy to take the cash as there are lots of buying opps out there now.
    CEU Price at posting: 55.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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