market short?16 Jan 2023 10:51
imo shorts were burnt from 6p-30p and run a serious risk of being burnt from the last disappointing delay RNS....
Just needs a good RNS on the FSS contract or any other contract -
RNS 'Despite global pressures, the Company's pipeline of opportunities remains strong and contract negotiations continue with a large number of clients across all five of the Company's markets'
RNS 'Finally, contract negotiations in relation to FSS are continuing to progress between MOD, Navantia, BMT and the Company (Team Resolute). The Company remains excited about this transformational £1.6 billion programme and significant resources are being deployed to take this programme to execution stage as quickly as possible. Further announcements on contract execution will be made in due course. '
Market is waking up!