Anyone got a view on how the share price might perform in the first 2 weeks should a positive announcement eventuate?
IMHO, based on recent positive announcements, the share price may jump 25% to 30% on a positive announcement .... ie. jump from $16 to between $20 and $21 on the first day. Trade a little around this upper level and maybe pull back a little to around $19 ish.
The a few days later as the market digests the news, we may see another upward push over the following week towards $23-$25 level.
Then Christmas / the holiday break and it may hover around $23 to $ $25 until Feb 2024.
Just my wishful thinking ....
Any one else have a view on how the share price may play out between now and the end of Jan 2024 should a positive PMS result be announced this side of Christmas?
GLTA
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