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Allied Optical Technology warns of worsening market conditions.
(From FT Investor (Pulses))
The security authentication technology group, Allied Optical Technology (AOT) [uk:ALT], saw its shares fall to an all time low on Tuesday, dropping 32.9 per cent to 24.5p after it warned that its earnings would fall below market estimates. Compared to their peak in February 2000 the shares have lost 95 per cent of their value from their high of 525p. Allied Optical Technology said it had experienced worsening market conditions and warned that sales in key ...
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