what's the story?, page-14

Will be interesting to see just how much of an expected earning downgrade was factored into the price.
Will it drop to the previous low of $1.53 again?

Shares in the embattled poker machine manufacturer were placed in a trading halt on Friday. Aristocrat expects to update the market on its operations before the open on Monday "in order to prevent the possibility of an uninformed market," the company said. Aristocrat is yet to appoint a new CEO or CFO despite enlisting the services of US-based recruitment firm Reynolds Associates last month. Analysts have expressed concern acting chief David Creary does not have enough international experience to revive the ailing business. The stock closed 3¢, or almost 2 per cent, lower at $1.64 on Thursday. Investors have wiped more than two thirds off the company's market value this year.