OTCPK:TOUBF - Post by User
Post by
repap_nbon Nov 12, 2007 2:31pm
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Post# 13794127
reason for the drop today
reason for the drop todayThe company's shares were down C$1.22, or 5.3 percent, at C$21.78 at midday on Monday on the Toronto Stock Exchange, but analysts pegged the weakness to falling Asian markets, which sold off overnight following a downdraft in the North American markets late last week.
"With the Hong Kong market down overnight, there was just a little bit of nervousness and the stock has had a good run here," said Richard Kelertas, an analyst at Dundee Securities in Montreal.
https://www.reuters.com/article/marketsNews/idUKN1247190620071112?rpc=44&pageNumber=1