Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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75k@ 14;50pm
I feel the momentum changing...
someone is buying in big chunks of 25,000 shares!!
ASOS was out of favour last spring 2020 @ £10.50 then within 6 months had 5 bagged to over £50 --------
Fickle markets :-)
Moral of story..................................
I think we know the answer ! THG will rise from the ashes. This is a great opportunity IMHO.
It's just the way the charts look, it's not a personal attack on your investment. There's other, variously comparable or incomparable companies who have experienced similar falls from grace. The timescale and chart movements suggest THG isn't ready for market forgiveness just yet.
it could be just as "likely" to go back to £3...... no one knows when this will stop falling ...could be now and tomorrow back to £3..... B
225p just touched.
I heard the same at ASOS folk giving sub £20 targets. I bought some at £23 sold too soon as it went to over £27 in a couple of weeks.
sorry kando, why is it "likely" to fall a further 40% ish to £1.35. Can I have the science behind this likely scenario or is this the numbers you use for the lottery?.. B
The price looks very tempting now, but it looks perhaps more likely to fall to ~135ish before any recovery or bounce back begins. Momentum is not on its side.
225p looks like a key resistance area to break. once that goes...
there seems to be some secret magnet that brings this down every time it tries to break away from £2.24p........ B
I bought some of these when they dropped below IPO and although I'm disappointed with the drop (-£20k for me) I'm confident of a long term bounce. The governance changes which will potentially lead to a premium listing should encourage the market and have a positive effect on the share price but Ingenuity is the key here and if they pull off the Softbank investment and continue to show solid numbers, I will hopefully be back in the black sometime around 2030 ;)
ASOS shares are down more than THG now!
floor.... lol.....B
wonder if it is safe to come out of the cave yet?............ £2.20 holding as base camp.......... bought all the way down from £2.40 to £2.23...... left some powder dry in case flour collapses again...... surely the shorters and algos have had their fun for the week..... 30% down on decent news seems harsh. B
danl -
IPO shares of a company are priced through underwriting due diligence. When a company goes public, the previously owned private share ownership converts to public ownership, and the existing private shareholders’ shares become worth the public trading price. Share underwriting can also include special provisions for private to public share ownership.
Meanwhile, the public market opens up a huge opportunity for millions of investors to buy shares in the company and contribute capital to a company’s shareholders' equity. The public consists of any individual AND institutional investor who are interested in investing in the company.
In THG case 90 odd % were bough by II's !!! Institutional investors are the big guys on the block—the elephants. They are the pension funds, mutual funds, money managers, insurance companies, investment banks, commercial trusts, endowment funds, hedge funds, and also some private equity investors.....
They Do their DD :-) Not a broker...........
I Might have the feed downloaded still from London stock exchange website, I’ll have a look this evening.
I just download the excel sheet and rearrange it.
itisagame: do you have Automated/ordinary trades ratio from last day?
Fear, negativity, bash success, hope for others failure, thats the UK isn't it TrojanHorse?
Also, algo bots and short sellers laughing at the UK markets.
BUY AND HOLD $THG
2970 algo trades 1460 normal trades.
@syngold that’s not how an ipo works
The brokers hire the accountants, lawsuits etc for the due diligence at the ipo
Can understand that, I don’t recall seeing a profit warning in the recent trading statement, only an uplift on revenue expectation.
I have a fear to top up, indeed.
I have a feat to top up, indeed.