Business
Comings and goings push stocks around – weekly review – Small Caps
The departure or otherwise of leading company figures were enough to really push some stocks around at the end of a reasonably positive week on the ASX.
The departure or otherwise of leading company figures were enough to really push some stocks around at the end of a reasonably positive week on the ASX.
The unexpected departure of visionary TPG Telecom (ASX: TPG) founder David Teoh had the biggest impact, sending shares in the big broadband provider down sharply, wiping off almost a billion dollars of market capitalisation as the shares fell 6.7% to $6.41.
While remaining a very private figure, the immediate departure of Mr Teoh after 30 years…
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