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Lets assume that H1 results are much worse than WE are expecting. Even in such a scenario, it'll still be a lot better than what the market is expecting. I think the SP still reflects the horrific results for 2022. I've never been more confident that we are just weeks away from a significant rerate. I think even in a worst case scenario we'll touch 25-30p even before settling down. Logically, once the brakes are off, there's no reason it couldn't go to 50p, as we'll be in a much better financial position, and be almost a year closer to seeing FSS than November 2022 when it spiked at 25 there
IMHO
I'm fairly confident that the first trading day after the H1 results will be a good one, and logically it should rise approaching it as all signs are that it will be good, but even the JR didn't rise until the very last minute
I did expect a higher rise today as I'm sure many others did, we didn't even make it onto the top 5 risers, which we achieved on Tuesday. However I've never been more confident that things are all up from here. Doubt we'll ever see 15p again now, touch wood.
In my experience, when the inevitable tree shake occurs, if you sell at the top of the tree, it can be difficult to find the volume to get back in at the bottom of the tree before the real rocket.
I've done it before but wont be today
IMHO DYOR GLA