Insider View: Novae profits warning

Investors are a ruthless lot when they want to be.
It didn't take long for markets to twist the knife after
Novae announced last Thursday morning (8 December) that its profits
would be dented by an uptick in larger-sized losses, with the stock
dropping 20 percent just 15 minutes after trading opened for the
day.
It is not hard to pinpoint the source of investors' recent
overzealous reactions.
Uncertainty is the watchword of 2016. From the UK's vote to
leave...