Commander Communications

Among the worst performing stocks last week (week 42) on the Australian sharemarket were Commander Communications (CDR), AGL Energy (AGK), Henderson CDI (HGI) and City Pacific (CIY). The overall worst performer was Commander Communications losing 29 percent upon their relisting on the sharemarket. AGL Energy was the worst performer on the ASX100 index and lost 16.5% or $2.58 closing at $13.05. Henederson CDI was the loser for the ASX 200 index and saw their stock value plummet by 20.2% or $1.02, closing at $4.01. Finally City Pacific lost 10.9% or 47 cents closing at $3.84.

Commander Communications (CDR) was the worst performing stock on the ASX200 this week. (Loser of the week for week 37 of 2007). The telecommunications services company lost 8 cents or 13.333 percent of stock value, closing the week at 52 cents per share. Read a previous stock recommendation for Commander (CDR). Commander was also a previous Loser of the Week in May 2007.

Commander Communications(CDR) was the overall worst performing stock taking in a 30.1 percent decrease. Among the worst performing stocks for the week 35 of 2007 on the Australian sharemarket were a mixture of communications technology, gambling & gaming, mining and financial services: Tattersall's (TTS), Bendigo Bank (BEN), Insurance Australia Group (IAG), Commander Communications (CDR), Compass Resources (CMR). These worst performing stocks recorded losses between 5.09 to 30.1 percent by the end of the trading week.

Commander Communications (CDR) was the worst performing company on the Australian Stock Exchange this week (loser of the week) falling 15 percent or 31 cents closing at $1.71 after a profits warning. The company was also the worst performing on the ASX200 index. The ASX200 index closed at 6304.9 and the All Ordinaries at 6296.2.