RE: SP looks like it has bottomed out?28 Feb 2025 20:14
They are full year results and largely already known. The "punters" are playing games with the SP and as long as they are not worse than expected, the SP will rally. In fact today, at one point the SP was up 11%!
The bottom line is if we can see each quarter improve the SP will recover strongly because going forward, it is either a rights issue or a lower buyout price by CD & R.