Rebound potential24 Oct 2024 10:44
Sometimes the market reaction with Evoke on rumours or news is really drastic in terms of fall in the SP price.
The rumour of Increased taxes on bookmakers in the upcoming budget dropped this share 10p,
However the positive results last week didn't see much of a rebound.
The noise now coming out regarding the budget seems to be it won't be as bad for bookmakers as originally thought, but we don't see the same rebound or surge in price, as we do when it's decline.
It's really frustrating for LTHs