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[sharechat] CEN - Good/Bad news


From: Roy <baldman@internet-auditor.com>
Date: Thu, 27 Jul 2000 10:20:39 +1200


An interesting thought!

This mornings (9am) public announcement of the resignation of the CEO, who 
has been headhunted! Can be viewed as both good and bad news.

Good news was opportunity for an entry buy as shares dropped to 
2.73ish.(since recovered 2%)
(not a bad trade for a profit before morning tea!)

Bad news is the short term instability of the company as viewed by outsiders.
(Perhaps that is good news for volatility based traders :)

Roy


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