focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Let's see what happens today. Trading update tomorrow I believe. It has risen to about £1.70 not that long ago but sank back down very quickly. Not sure if that rise was in anticipation of good results, which so far have not shown any significant turn around to find a higher share price base.
I hope the share price does not over react too negatively on the news of upto 200 jobs to from a workforce of 12,000. In fact the SP should increase given lower costs and higher profit. Get the bad news out the way before a set of good results.
Not sure I'm looking forward to these results anyway. They said that they did not meet expectations. That is why they sold off the division. The market might see it as a negative 'short term' but if Eenergy can spell out plans for the future it might ok or a buying opportunity if it heads 5p ish