Need to be very careful trading this one. Warrants galore which are issued to catch those buying in to the uptrend. My view and I have said this previously is buy the tips and sell into the uptrend....but don't wait too long or get greedy.
There's loads of warrants still to come - timing is everything on this one. They'll be released on spikes and resulting in the SP sinking back down....and then the cycle repeats and repeats....
I don't think so and I certainly wouldn't want to take the risk, but good luck to those that have more confidence. DD buying is certainly a positive move and not completely unexpected imo.
Disasterous results and a significant SP drop, I think this will be a takeover target imo. I am no longer confident that the pipeline will transalate into contracts unfortunately.
To be fair, its not actually that much below where it was a year or so ago when it slumped after CF sold out. And I'm sure after the dust has settled, it'll go back to high single, low teens again.