primavera3 Apr 2006 16:06
CHP - on the initial news, sp jumped to about 20p but with very wide spread - i.e. about 2p from memory ...... subsequently, and quite quickly, the price fell away, somewhat exacerabted by the fact that (a) CHP did not get exactly the sites they wanted, (b) there are still a few loose ends to be tidied away and (c) there was a lot of frothy money which was either willingly or forcefully taken out.
The whole was made worse by some horrid performances by EME, VOG and one or two other similar ..... this almost certainly brought about further enforced liquidation of positions