IT recruitment business Highams Systems said it knew of no reason of why its share price fell by 20% yesterday, starting 2.50p, but at one stage slumped down to 1.75p before pulling back up slightly.
“The company has not reported any fundamental changes to its business model or financial condition and its results for the year ended 31 March 2006, which it expects to announce on 22 June, will meet market expectations,” said the group.