SNSN schreef op 2 juli 2014 17:21:
Actually nothing strange.... Standard market reaction on well "expected news"
Take a look at the volume - it's just ~40 M. That is an average amount of (short-term!) spec shares.... Many short-term specs were buying & sitting just expecting (actually groundless) an instant large up-move on deal approval.
However, the approval itself was well expected and mainly priced in... As for the new fundamentals, and (objective) expectations for performance improvements, all these mid-/long-term stuff are not essential for short term specs.... So, they have nothing to wait for, and have to leave (kpn is still a "trading fund")