That is your prerogative however it's incorrect. There are many examples for instance APT, SM1, SPT and so on. Look at TWE they had an excellent half has their SP gone up by 17% the answer is NO!. Yes it does happen but by no means is that's principle formula for a share price doubling.. Many factors attribute to SP rises and falls for that matter including market sentiment.
BAL - Chart, page-120
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