RE: News?11 Aug 2023 18:48
In my view this is the most news rich couple of months we have had and will have this year, with the JR result, finance and H1 report all due in September. Then there's the contracts, both the known (Scilly) and the unknown that are being worked on behind the scenes.
We've just had and held on to a 50% rise from the lows before today, and sentiment is building into the newsflow. The buys today could be signs of a leak or could just be opportunists building positions in time for the news we're expecting. I think the share price will become more volatile throughout this period but from a higher level.