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Guys thanks for the decent debate, from my perspective I see this as a coiled spring, everything (appears to be) going in the right direction, defensive stock in current climate via gov contracts, and has been beaten down for ages so any general
Market drop puts it on the negative foot. But one of these days we’ll see another strong move north and hopefully sustained move as we approach Aug report. Just my opinion - holding strong DYOR
Just looks to me like share price completely detached from level of supply demand of stock. It’s as if mms are dropping price just to fill limit orders eg just 3 x 200,000 gone through after a drop. At some point had to reverse or is it going to take an offer on the cheap to do that??
3 days to go until update, would be nice to see a rerate based on progress from last time, if revenue still up in the billions and margin improving, plus a bit of debt reduction and profit, then could be interesting day!