RE: Fantastic recovery17 Jan 2020 08:38
Yes I expect that news is, hopefully, on the way and hope that it will get released in the next week or two in a trading update. I can see we have had them in the past in Feb so fingers crossed. As 42trader has already said the CEO's 3 point plan is underway with the first point achieved and the second point getting close, or as I suspect, has now been archived - a return to profitability. I understand that this is generally known at SFE and that they will meet their targets this year so I would have thought that is what is prompting the rise. (Just look at some of the massive trades when it hit the 40's in Nov, I think someone know's something.) Beyond that they have been looking at growth options. Hopefully we get an update confirming profitability and growth strategy soon and we get back to 90p as per April last year. Longer term I'm holding for 120p+
GLA