Workspace issues a Q1 Statement on Thursday, 11 July

• Last time Workspace reported: FY Results, 5 Jun
• The shares traded a 3.3% range on the day
• Shares -16.9% from 2019 highs; +11.4% from 2019 lows; +9.3% year-to-date.
• Currently 867p (at time of writing).
• Will we see another big share price move on Thursday?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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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 867p. 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 £1,000, 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. Workspace 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.