Workspace publishes Full year Results on Weds, 5 Jun.

• Last time Workspace reported: Q3 Update, 17 Jan.
• The shares traded a range of 21.5p or 2.4% on the day.
• Currently 881p (at time of writing).
• Will we see another big share price move on Wednesday?
• Shares -15.5% from 2019 highs; +13.2% from 2019 lows; +11.1% year-to-date.
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Workspace – An Example

Let’s say you think that Workspace results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Workspace using CFDs, at the current price of 881p. To do this, you need £2,000.

For the purpose of this example, let’s assume Workspace 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 5% below the current price. Workspace results miss, it falls 5% and hits your stop-loss. Your loss would be £500.

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