Gulf Keystone reports full year results on Thurs, 28 Mar

• Last time Gulf Keystone reported: Trading update, 11 March.
• The shares closed +5.5% for a daily range of 13.5p or 6.2%.
• Shares -5.4% from 2019 highs; +51% from 2019 lows; 43.5% year-to-date.
• Currently 259p (at time of writing).
• Could we see another big share price move on Thursday?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

Click to enlarge

Trading Gulf Keystone – An Example

Let’s say you think that Gulf Keystone results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Gulf Keystone using CFDs, at the current price of 259p. To do this, you need £2,000.

For the purpose of this example, let’s assume Gulf Keystone reports strong results and the shares rise 10%. Your profit would be £1000, from your initial investment of £2,000.

Conversely, let’s assume you open the position, and place a stop-loss 3% below the current price. Gulf Keystone results miss, it falls 3% and hits your stop-loss. Your loss would be £300.

This is provided for information purposes only. It should not be taken as a recommendation.