hi TheVp, I would like to see a new trading update or updated profit guidance. By memory we haven't had one since the notice of early Dec that led to the big decline. Longer term I liken this to SIV when they had a big decline Dec 2013 from over $7 down to $5. It took a year to regain past losses to get to around $9.50.
With better outcomes and results, I can see SPO trading +$4 within 6-9 months.
SPO Price at posting:
$1.20 Sentiment: Buy Disclosure: Held