price action, page-4

Right... thanks Shania.

That's a bit different from the message in the presentation on the annual results

'Morgan Stanley review supports group's stated policy of introducing strategic partner into Global Renewables.'

Given the recent price falls began on the 29th, seems the market thinks this is bad news. But given the Transfield bid, you'd have to reckon they'd get a price that would put a value on the company that's we'll ahead of where it's trading. So maybe the algorithmic trading is about buying Ricco.

AFR article starts 'GRD will hold discussions with European waste management players in April on selling all or part of its Global Renewables division, which has been chewing through cash from its mining services business and restricted its full-year profit to $3.9 million.' (From public access content on AFR site.)

BTW, I've had no response from the co. to my request for Cliff Lawrenson to do an interview with BRR... Anyone else want to have a go?