RE: Why would any company show it’s strategy on a exchange?18 Jul 2024 07:53
Not really, Billy. what makes for an oil company is a gusher which shows that revenue will now generate £millions with bopd suddenly being 000s per day.
your scenario is such a specific choice as to suit GST's current situation. the jumps, as blatantly seen in PPP y'day, is proof of signficant revenue relative to mcap.
but, as i said, without knowing what the results will say (and they might show signficant revenue/profit) then it's a cointoss. yes, it'll be an indicator for the future but if you want that kicker that's going to put the sp back at 1.23 as support... otherwise, the sp has found its natural level and would have to build from it.
have to wait on results to see which way it goes.