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I think we will see another TR1 Monday or Tuesday, had a gut feeling one was on its way today.
Severe Short squeeze on Card next week.A big gap up opening is on Monday itself.Added some quantity based on my capacity when it's trading below 6 pence!
And shorts have to finally close.
Sit back and enjoy the ride
Superdry will be removed from the FTSE Russell indices from the open Monday 24 June 2024.
Possibly this might add a bit of volume to today's closing auction, although I can't imagine index funds holding now.
Doncox, liking your style
But can enlighten us on the significance of 0.1% being indirect voting rights and 7.5% being swaps?
Everyone is asleep on this I'm just sitting back and chilling. They will take 200k of me presently no bother
News is circulating and this is rising
Superdry plc has shared exciting news regarding its significant shareholdings, with The Goldman Sachs Group, Inc. increasing its stake in the company. As of June 18, 2024, Goldman Sachs now holds 7.592747% of Superdry’s voting rights. This substantial investment underscores confidence in Superdry’s potential and is likely to positively impact its stock market presence and attract further investor interest.
Now giving you just 5.75 to sell, they are having a laugh
Why they are buying and why swap?
Goldman Sachs 😍
Can someone exlain new rns?
Newbie you mug where are you now 🤡
£7 close.
Newbie you 🤡
No need to ramp when you know this is going to rocket before delisting, so holders are relaxed and do not need to keep posting. But another amazing bit of insight by you yet again. 🙄
The magnet at 5.5pence hasn't moved an inch yet since yesterday!!!Great manipulation by informed operators.
Lol where are all the rampers who promised 10p etc etc
Https://news.sky.com/story/retail-sales-up-as-better-weather-spurs-rebound-in-clothes-and-furniture-13156409
And good weather to continue
Started: DonCoxothe1st, 20 Jun 2024 09:24
Last post: NiharRoy, 20 Jun 2024 11:46
Some strong magnet has been placed at 5.5 level.Can't move beyond that today!!!!😂🤣🤣
BacchusII
I don’t think you have covered all scenarios 🤷
Fishing for buyers or sellers 🤔 or both 🤷🏻♂️
Looks like bot trading now.
this will catch a few out. Same thing happened with red ex. Seen it all before
Started: DonCoxothe1st, 19 Jun 2024 14:06
Last post: pumpky, 19 Jun 2024 16:15
Rick'Still buying? 😆
Poleaxe
👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏
Genius post! Pure genius!
How do you know "There is an army of shorts out there on this"? Why do you think so many people would want be short?
Apart from you penny parcel punters, I don't see there's enough liquidity for serious traders. I think most shorts would have entered much higher up and they'd be out by out by now and moved on. Traders aren't interested in the final few per cent and don't mind leaving a little something for the next man.
Still, I guess it gives you someone to blame, when the trade doesn't go your way.
DonCox total nonsense. There is an army of shorts out there on this.
Incorrect. You only need to disclose short positions over 0.5%, of which there is only one disclosure. There could be 10 positions of 0.4% and you wouldn't see them. There are other shorts out there.
Started: DonCoxothe1st, 19 Jun 2024 15:13
Last post: NiharRoy, 19 Jun 2024 15:22
Roaring kitty is watching and beware Short sellers.
Just been dumped and nt to sell
Started: Thedetector, 18 Jun 2024 22:22
Last post: NiharRoy, 19 Jun 2024 13:53
Short sellers going to be slaughtered soon.Once it closes above 15 pence, it will zoom to 40 level on the fuel of short covering itself.Huge short position has been built up in past few weeks from above 20 level
Shorters, you need to seriously start deramping now or 💩 your pants. Choice is yours😂
Air tight spread now.....
And off we go now....all aboard
👋 6
Started: Cityconindex, 19 Jun 2024 06:11
Last post: NCTrade, 19 Jun 2024 09:49
Ask and Bid moved up, expect an upward surge
Seems like it’s about to bounce up from here
I suppose the question is how low does it go before then. What's the floor here. There will be people in profit all the way down to 3/4p. So, they could be sellers.
That's what happened at Redx. Then tr1s started to land and it rose steadily before an explosion just before delist
Expect wild swings here just like yesterday, one moment it’s down to 5-6p and the next it’s up more than 7p
Started: Malpenn, 18 Jun 2024 18:57
Last post: Malpenn, 18 Jun 2024 19:21
Very much wishful thinking but at the current mcap, would it be totally out of the question that an external bidder makes an approach.
They could offer landlords a better pence in the pound rent reduction and someone else who already has the warehousing and infrastructure get the SuperDry brand at a lower cost but also prevents Julian destroying the company and financially gaining from his destructive tender !!
I grabbed just shy of 25,000 shares earlier.
5.8p - less than £1500 - could just hold in the hope they relist at some point at a reasonable price.
Even 10p in 5 years time is better than a bank rate.
Just a gamble on my part. If they jump to 8p before delisting, I’ll let them go for some extra beer money.
Approx 58 Million share are the current free float, prior to Julian's "I get the company for peanuts" placing.
Look at his public available Net Worth he certainly isn't as cash rich as he used to be.
I wonder where the funding is coming from for his purchase and make sense that he scrapped his earlier idea to acquire the entire company via a more beneficial method to shareholders.
Could we see some TR-1's as the existing free float is purchased and stored ?
I get the negative points that a delisting causes but there is still value in SuperDry. Their rents are reduced, they pull out of the US and other markets.
The killer question is how much value we see based upon the number of shares after his bargain placement
Started: BIXY, 18 Jun 2024 09:06
Last post: Knowbodyyouknow, 18 Jun 2024 15:58
Right, my bad.
What open offer at 5p?
Give me strength!
It’s extremely volatile
It will move up, if I don't buy and down if I do.
You would think the floor is the open offer price of 5p?
MM's will move up...
It's NT to buy £3K but 6.5pence to buy £5K worth via Halifax
Started: DonCoxothe1st, 18 Jun 2024 15:10
Last post: DonCoxothe1st, 18 Jun 2024 15:10
Soon you will see tr1s
Price will rise in coming week or two.
As p's off load the stock will be bought.
Guaranteed
Chill
Gordon was spot on see the 9's today MINUS 9% 😆
You’re not wrong Rick! Spread is pretty disgusting too. Going to switch off for a day see where it is tomorrow. In the mean time I’ll run with CAP XX. Great announcement there today and less drama. One way travel
I may see my 11 soon at this rate
This is not for the faint hearted
Gordon I’m waiting for 11.
Dropped hard this morning
Auction now
Surely this is the bottom now and we can rise.
Started: Ilovesushi, 18 Jun 2024 08:28
Last post: Ilovesushi, 18 Jun 2024 08:28
Looks like both PEEL AND SING have dropped out. Both MM were the ones keeping this down.
I was expecting it going down like stone today. Is there really any value left in it?
Started: Gordonbennett1, 17 Jun 2024 16:58
Last post: Gordonbennett1, 17 Jun 2024 17:23
Newbie I was simply reposting technicals from Zak Mir, I didn't suggest it would go to 14p. I do believe it will rise as shorter close that's got to happen unless they choose to lose their money. Delist is four weeks ago but you know !
Desperate final ramping by the usual suspects calling for 14p when this will delist ans is 6.50p to sell
Wow
As Zak says shooters will need an exit route too. Lets see 14p
https://x.com/Share_Talk/status/1802724846540849543
Last post: Poleaxe, 17 Jun 2024 17:20
"the 'placing' is at 5p and is only available to jd."
that's correct.
the board determined that shareholders agreed to grant jd 200m shares for £10m, meaning he will now hold 75.6% of the shares in issue.
i dare say this figure wasn't by chance. with over 75% he effectively controls the company and can now ****e on the rest of you!
Bid 6.05 ⬇️🚫
6.80 - 6.92
Thought this was going up folks? 🤦♂️
Ramp, bam and kaboom!!
The 'Placing' is at 5p and is only available to JD.
Now that the rampers have done one, can anyone shed light on the placing price? there was some mention of 5p in some previous posts?
or will we place at a premium?
Thoughts?
Started: ba24ee, 17 Jun 2024 14:52
Last post: splatted., 17 Jun 2024 16:43
Knock off boiler room. 10p per post
He must be ambidextrous then and have 2 screens in front on him 😂 not a FACT
Rick123 he was on gst for one message before he got pulled. Fact!
There was no way he could have been on other boards as he was rattling out posts every second. If newbie’s got spiked that’s on them. I take it they are adults! Lastly will get their money back here.
Whoever listened to kangaroo and bought in needs a head shake lol
Started: Latino, 17 Jun 2024 13:15
Last post: Latino, 17 Jun 2024 13:24
Say bye bye to shorters!
But priced for admin…some catching up to do.
Started: iisback, 17 Jun 2024 13:10
Last post: Rick123, 17 Jun 2024 13:14
Market loves the RNS so 🔝 we go 📈
Well its not an RNS. bUT THERe is a placing coming it seems
Any moment a placing will be announced...tread carefully here
What will the placing price be? any ideas?
Started: Latino, 17 Jun 2024 12:55
Last post: kangarooos, 17 Jun 2024 13:00
Superdry is pleased to announce that the Restructuring Plan has been sanctioned by the Court following the sanction hearing held on 17 June 2024.
The Restructuring Plan is, along with the Equity Raise (in the form of the Placing) and the Delisting, part of the Capital and Restructuring Measures being undertaken by the Group.
Is there a placing on the way
The sanction of the Restructuring Plan is a condition to the Equity Raise, in the form of the Placing, which was approved by Shareholders on 14 June 2024
Last post: Gordonbennett1, 17 Jun 2024 12:09
Need to break this on the BID, and then we're off above 8p towards 9p!
Needs volume here, which I imagine will come through this afternoon.
@Bobat
No, not at all. Quite dry..super dry in fact 🤪
Boil got a heavily discounted raise coming
Bid 8.10 it’s moving
Fun is over for today. Traders back to boil under 1
Back to boil then!