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RE: [sharechat] CAV

From:	"Mark Stevens" <mark.stevens@infogen.net.nz>
Date:	Mon, 16 Dec 2002 22:07:36 +1300

On 6/12 Cavalier Corp had a 2:1 share split, this means each share held
prior to this date would effectively become two shares after.
Whilst this explains the share price being adjusted from $8 to $4, it does
not explain the recent drop to today's close price of $3.80, not aware of
any specific reason here.

Mark

-----Original Message-----
From: sharechat-owner@sharechat.co.nz
[mailto:sharechat-owner@sharechat.co.nz] On Behalf Of prhughes@value.net.nz
Sent: Monday, 16 December 2002 9:08 p.m.
To: sharechat@sharechat.co.nz
Subject: [sharechat] CAV

        A few days ago Cavalier was $8 now down to $3.85. Was there 
perhaps a stock adjustment or worse 'bad news'. If you know the 
reason could you please let me know.

Thanks

Bill

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References

[sharechat] CAV prhughes

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