Displaying items by tag: BlueFreeway

Following a less than stellar year where the share price plummeted from around $2.15 in mid 2007 to yesterday’s close of $0.60, BlueFreeway today announced the resignations of Chief Executive Officer Richard Webb and Chief Financial Officer Ken McDonnell, indicating in its ASX announcement that there will be a “reassessment of the company’s strategic direction.”  Following this announcement, shares dropped an additional 35% to $0.39 during the day.
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