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26/08/15
16:30
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Originally posted by orlando G
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Well Technically ddnt the stock just close that huge gap out of the way? Selloff was an overreaction in volatile times ppl are scared due to the high Volatility; Fundamentally speaking, it cldve been a much much Worse announcement re revenues/profit/oneoffs/changed outlook. What we got was a change in CEO so id take that over all the others. It represents a Buy opp Unless we don't know something deeper; What we DO know is that its more a management issue , rather than a Operations/revenues/profit/outlook change; AS has been said, all these Corporates have their management shakeups/changes/politicking etc...I think the whole selloff here was way Overdone thus. I just don't know WHY theyd report this on such a Volatile week? At least the 'gap' on the chart has been well closed off totally...
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So you don't raise stable management highly or worry that the ex ceo may have a lot of shares he could dump and perhaps others influenced by his decision.
Maybe we'll see another vetcare rollup launched.