Thursday, 09/09/2010 17:15

DHT: Explanation for the floor plunge for 5 consecutive sessions

On 6/9/2010, DHT explained the stock floor plunge for many consecutive sessions from as follows:

In the recent time, activities of the company carried out normally with no new policy or decision. DHT stock floor plunge for many consecutive sessions caused by price manipulation of Vien Dong Pharmaceutical JSC (DVD) and related persons. Before this time, DHT stock price increased consecutively to reach VND 100,000/share. On 20/8/2010 4 DVD related shareholders at the same time register to sell 1,924,700 shares- accounting for 47% of the charter capital. This made the company stock price plunged consecutively.

hnx

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