LCD: Explanation for 5 consecutive floor-plunging sessions

LILAMA - Electromechanics Testing Joint Stock Company (HNX: LCD) explained for 5 consecutive floor-plunging sessions against the market trend from 28/02/2011 to 04/03/2011 as follows:

The Company’s operation is carried out as normal. On 16/02/2011, the Company paid dividend of 10% to outstanding shareholders. Howver, the stock market has not been good recently. Besides, the volume traded is low and normally at ceiling price. This is why LSD stock saw 5 consecutive floor-plunging sessions.

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