The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
1st half year result will be positive. As bigger contract win and bank facility extended till next year. Bond price was up.
Fully positive news.
Fingers crossed
Result due on 04th Aug 23. Maybe wrong time to increase Shorting rather to reduce and after Incl. in FTSE 250.
All the Big trade done near the market closing or after market closed millions of shares traded @ 27 pence.
I am looking forward good result and Dividend forcast for future and next week i am looking around 32 pence plus price.
DYOR
Help you to buy more shares and also shorting to be reduced. Worth to take risk @ CMP.
DYOR
Https://stockcharts.com/h-sc/ui?s=CPI.L
Over Sold waiting for the Bounce Back
4.5 millions buying before market closer as someone know or further shorting is going to reduce. Maybe director buy.
Any way it is positive move
DYOR
I don't think it will move that point. But @ today i will buys half and another half i will buy @ higher or lower price to increase my profit or reduce my loss.
I would like that strategy
Now a days Brokers or Papers are used to manipulate for share price. Petrofac win big contract in March 23 plus further two contract win. Stake holders increased Stake around 95 to 100 pence so they must know what is the book value. Wood group takeover story is finished. Shorting is reduce. Bank facilities extended till next year.
Now only question is they wants your shares @ cheaper rate. (Looks like on TAKEOVER)
DYOR and Take care
Waiting for 83.44 MA 200 days.
Https://stockcharts.com/h-sc/ui?s=PFC.L
Loan to be paid in October 23 was delayed till the next year's
I think this will clear your doubt
This will Help for understanding GAP
https://www.barchart.com/stocks/quotes/PFC.LN/overview
https://www.ig.com/uk/trading-strategies/how-to-trade-using-price-gap-analysis-190802
IG account holder can have more detail
Petrofac Ltd, down 2.0% at 71.10p, 12-month range 45.38p-127.60p. The company is appointed by Trinity Exploration & Production PLC to undertake a concept-screening study for the development of further reserves in its Galeota Black, offshore Trinidad. The block is estimated to contain 2P plus 2C reserves and resources of 46.1 million barrels of oil equivalent. Petrofac designs, builds, manages and maintains energy infrastructure and has its core markets in the Middle East and North Africa region. Trinity Exploration & Production is a Trinidad & Tobago-focused oil exploration and production company. Its shares were up 1.2% at 84.50p.
Its depends on how much profit you want to make. If you're positive and looking for double then buy few from here and if down than top up. But if it is going touch 30 pence?. At that time you'll missed the boat
Https://stockcharts.com/h-sc/ui?s=CPI.L
RSI 14 is less than 30 Means Oversold.