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Bit of an uptick late afternoon, good sign maybe, hopefully get the claim boxed off then this could motor on.
This is the only stock I have now
Moved over to crypto
Far more lucrative!
Would have, could have, should have, that's owning shares for you. My holding here is beating inflation by a decent margin and I think there is a lot more still to come š¤·
Should of sold at 35p
Worst share I'm my portfolio
The company as a whole appears to be doing very well but another set of results are required to confirm this. Unfortunately it's still plagued by unresolved legacy issues but of course that's why you can still buy in at the current levels. I'm holding for the long-term, with another 6-12 months worth of decent results confidence should return for potential investors. Or it will be taken over in the meantime.
just checked back on this after getting out last year. wow. what a **** show.
I - BIG IF = RevB settle Chrysalis claim the the flood gates will open and I fully expect Boohoo to wait and pick up the company for zero, Even if NEWS of a Settlement will (IMHO) spook the market and the SP will fall.
As others have pointed out - as professional investors where were the stop losses and where were the updates and reviews with the company .....
If no-one compensates the small PI then the Big Boys can get lost ....
(The lawyers will get fat and will keep egging the dispute on I suppose ....!)
Appears at the moment to be holding above 26p but no gaurentee it won't drop further. Investors probably awaiting further news.
I am holding this for the long term do you see another price drop or will it stay around this price for a while
That's correct She2, andas a result may have a legitimate claim, time will tell. My issue is they bought around 170p in 2021 and sold July 23 when price was circa 50p. Now where were the stop losses to protect investors from large losses? To me it is incompetent management, the SP hit circa Ā£1 for at least 6 months before a bigger drop, so it hasn't fallen off a cliff and they had ample opportunity to cut their losses.
INHO DYOR
That's a real vote of confidence.
UBS showing they are not concerned about the Chrysalis issue by increasing their stake by 1M
Late to the party
This isn't a case of sour grapes by an investor that got their timing wrong, Chrysalis is claiming that the company engaged in ādeceit, negligent misstatement and/or misrepresentationā at the time of their initial investment. That's potentially fraud and other criminal activity.
Not Looking Good ,, https://www.proactiveinvestors.com.au/companies/news/1045796/chrysalis-steps-up-legal-action-against-revolution-beauty-1045796.html
Looks to me like good support here from the fall, like I said, nice bit of profit for 2/3 days for someone ! No more comments from me for a while.......
The SP didn't fall of a cliff but dropped over a couple of weeks, as professional investors there were the stop losses?
Thirdly, this isn't new news. In my eyes chances an action like this goes any further than just a threat in a letter are fairly slim. A case like this could last for years and if successful would then open floodgates across the uk for similar actions and I'm not sure the "powers that be" would want that. Potential legal costs would be huge for either party (unless their advisory are on a no win no fee or % of claim achieved). Goes back to the basics of investing in my eyes " The value of investments can go down in value as well as up, so you could get back less than you invest. It is therefore important that you understand the risks and commitments."
Well I highlighted that something was going on Thursday(when it started falling for no reason) then the statement comes out .! Hopefully the short position is being covered today..... nice couple of days profit for someone...Comments re Boohoo are ridiculous, they are major shareholder, why would they want to jeopardise their own investment !?
Must work for them or has a short position. Clearly doesn't understand the business. Boohoo are significantly up on their investment and have installed their own people onto the board to propel growth. They weren't invested at IPO and even if so they would essentially be launching a case to then defend themselves!
Ha, Boo are up on their investment....do you work for Chrysalis Investments. If this was going to fly there would be no end of claims against all companies. Seems like its just a bitter move in the hope of a hand out.
Just waiting for Boohoo to launch a similar case against the company..They are sitting on massive losses,and probably for same reason as today's company..It's quite a series matter which has been successful in the US for compensation..Rev B has more or less admitted deception by previous directors with one having to give back Ā£1.5m and the other removed from his position
Like what?
Definitely some skullduggery going on today.
Can you imagine if every investor was allowed to claim against the company it was trading for selling to low and buying too high and general poor decision making ??!