CIC: Explanation for 5 consecutive ceiling-hitting sessions.

On 27/02/2012, COTEC Investment and Construction JSC explained the stock ceiling hitting for 5 consecutive sessions from 17/02/2012 to 23/02/2012 as follows:

The Company had no information beside the disclosed information, the turns of CIC price completely complied by the law of supply and demand. The trading of CIC stock was because of the demand of investors and was out of company’s control.

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