Unusual Share Price Movement
PSE Circular for Brokers No. 1436-99 • Philippine Stock Exchange • Circulars for Brokers • Jun 18, 1999
Full text
June 18, 1999 PSE CIRCULAR FOR BROKERS NO. 1436-99 June 17, 1999 PHILIPPINE STOCK EXCHANGE, INC . Philippine Stock Exchange Centre Exchange road, Ortigas Center, Pasig City Fax No. 634-2051 and 637-8811 Attention: Atty . Ruben L . Almadro VP-Compliance & Surveillance Group SUBJECT : Unusual Share Price Movement Gentlemen : In reply to your letter dated 17 June 1999 inquiring into any information relating to the unusual movement in the share price of Philodrill "B" (OVB) shares, which appreciated by 47.83% from P0.2300 to P0.3400 per share today, 17 June 1999, please be advised that we are not aware of any information relating to the unusual movement in the Price of Philodrill "B" shares . We understand that the transaction at P0.3400 was an isolated one as the next buying price posted was at P0.2800. LLcd Should you have any further question and/or clarification, please do not hesitate to call the undersigned at 631-1801 to 05 and 631-8151. Very truly yours, (SGD.) ADRIAN S. ARIAS Corporate Secretary
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