Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.
  • Page:
  • 1

rexam, (REX)     

aldwickk - 21 May 2004 08:19

why did the price fall yesterday ? was it a report put out by reuters yesterday.

Juzzle - 14 Oct 2004 20:08 - 2 of 2

Five months later, no answer... By golly, this gets extremely poor interest for a FTSE100 stock!

Yesterday it went xd, so it was entitled to fall a few pence. But today for good measure they sacked the boss. Very strange situation and no proper explanation, except they said he just wasn't an appropriate man to lead the company. That was at lunchtime, yet this morning he was talking to analysts JP Morgan on behalf of the company as its Chief Executive. It appears he didn't know he was about to be sacked.

He was brought in at the start of the year and shadowed his predecessor for 5 months before being appointed in May, when of course he was labelled a man of vision and experience ideally suited to run the company.

So what sin has he committed?
It must be something serious for his desk to be cleared the same day.

With neither him nor the company prepared to explain, this has to be one for the journalists to investigate and pick up gossip.



  • Page:
  • 1
Register now or login to post to this thread.