CAPITAL MARKETS

Clough bloodletting fails to materialise

THE day of the long knives at Clough's AGM turned into more of a gentle pat on the back this morning, with shareholders supporting the company despite a profit warning earlier this week that has since seen about 30% wiped off the stock's value.

Rebecca Keenan

The meeting at Perth's Parmelia Hilton was remarkably amiable as shareholders gave the company directors a round of applause, and managing director Brian Hewitt confirmed the contractor was confident it...

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