Clive Peeters shares have climbed 40% during the past 24 hours after the Company was given a clean bill of health by their bankers.
Clive Peeters shares have climbed 40% during the past 24 hours after the Company was given a clean bill of health by their bankers. During the past 4 days the shares have risen from $0.65 to be trading at $0.84 at the close of the ASX on Friday night.
Date | Vol * | ||||
05 Dec 2008 | 0.084 | 40% | 0.084 | 0.070 | 683,659 |
04 Dec 2008 | 0.060 | 0% | 0.065 | 0.060 | 1,765,810 |
03 Dec 2008 | 0.060 | -25% | 0.075 | 0.060 | 886,000 |
02 Dec 2008 | 0.080 | 0% | 0.086 | 0.080 | 237,500 |
01 Dec 2008 | 0.080 | 23.08% | 0.082 | 0.077 | 1,372,300 |
In an exclusive story earlier in the week ChannelNews reported that two major investors are set to start buying up shares in the troubled retailers following a major appraisal of the Company by the National Australia Bank several suppliers who are owed millions and several investors who are looking to take a position in the Company.
All are believed to have given the Company a tick of approval after presentations of the Companies future business plans by CEO Greg Smith.