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(Hosai THG mentioned briefly in article about DeliverooToday 01:04)

Its evident how much damage this has done relying on just US investors. Look at the intraday chart on Friday says it all, virtually no movement despite a huge FTSE drop along with other peer groups, 1.30pm drops like a stone as US trackers kick in.

The best solution would be for THG to find some loop hole and suspend their listing until this is resolved imo.

Up again by 2.42% but much less that 5.98% for previous month. There are signs that production is starting to return although stocks overall are still very low historically.

EU are in the final stages of widespread farm subsidy plan to include fuel costs, ratification expected in under two weeks.

All agricultural fuel in EU,UK is taxed separately from high street so concessions may not be reflected at the pump but with VAT rebates or subsidies.

Spring to the Northern hemisphere can't come soon enough ..

The price action looks to be US trackers such as Vanguard, these funds will automatically sell very small portions to track the underlying market.

Joined others this pm, that's me 4/4 now

lol, I looked at it and thought what idiot wrote that.. oh wait a minute... : )

Ignore 1/6th typo, wish there was an edit button on here ..

No worries, just going through the last 12 months RNS releases.

13 May 2021

Tiffany Hall, a Non-Executive Director of the Company, has purchased 33,557 at a 596 pence per ordinary share

..or £200k's worth which would now buy you 1/6th of the entire company

Current market cap is based on published denominator :

1,221,043,354 x .88p = 1,074,518,151

Its going to create obvious problems with splitting off divisions as valuations will look daft compared to the parent co.

I have no problem with management at all, I would sell up if I did simple as that. Where I do think there is an issue is with the listing, having a UK listed company with no regular UK domiciled funds is asking for trouble, this however is down to their listing advisors at the time.

For those knocking Matt and the board, he sure did a good job of raising capital less than a year ago at nearly 600p - if those guys didn't have faith they wouldn't have invested, not to mention the Softbank option which we have yet to find out the outcome.

The whole company is valued at little more than the sum raised at just over 1B GBP
--------------------------------------------------------------------

Results of upsized Placing and Total Voting Rights

RNS Number : 1970Y
THG PLC
11 May 2021

"Following strong demand in the bookbuild, the Placing has been upsized by approximately an additional 6.0 million ordinary Shares, increasing the gross proceeds from $270 million to approximately $320 million."

"...Subscription also at the Placing Price raising gross proceeds of approximately $730 million, and together with the Placing, aggregate gross proceeds of approximately $1.05 billion."

https://www.investegate.co.uk/thg-plc--thg-/rns/results-of-upsized-placing-and-total-voting-rights/202105110700041970Y/

ASOS ORD 6.92% Feb
Boo 5.84% Feb
ASOS ORD 6.79% Jan
Boo 4.56% Jan

Its a bit difficult to go all the way back as each page is separate

Column header missed, its actually % as below

7.61% Feb-22
8.39% Jan-22

8.72% Dec-21
7.85% Nov-21
6.19% Oct-21
6.54% Sep-21
2.71% Aug-21
1.92% Jul-21

Average stock on loan data

7.61 Feb-22
8.39 Jan-22

8.72 Dec-21
7.85 Nov-21
6.19 Oct-21
6.54 Sep-21
2.71 Aug-21
1.92 Jul-21

The cogs seems to be whirring away behind the scenes, perhaps the recent name dropping is to do with these individual IPO's rather than a full buyout?

I hope they list Ingenuity elsewhere, HK although market cap maybe too small.

2phevs, your post is a good example of funds tracking a fall, well described.

T Rowe holding is split across 6 smaller funds which likely track the indexes to a small degree, threshold was crossed on 24th where most markets suffered a big drop.

US based so 5% notification threshold.

As mentioned before, during the last crisis c.2008 a short selling ban was introduced on certain financial stocks, with the gamut of sanctions being introduced it could be a possibility.

There's also the public perception which isn't that great normally of short sellers,.

BlackRock's departure may have reduced the stock borrow available, Crest due shortly for Feb.

Cheers Oxford, I kind of guessed as much, not worth considering.

Don't know if anyone looked at the analyst tab, quite remarkable really.

https://www.marketbeat.com/stocks/LON/THG/price-target/

Is anyone familiar with the options market, followed these quotes for a while which seem somewhat erratic perhaps mimicking the underlying market itself.

March 18 calls with open interest of 10 with a strike price of $150.00

Any idea what the volume represents, contracts but what size ?

https://www.marketbeat.com/stocks/LON/THG/options/

If you add in conjecture about Steve Whiteheads recent disposal, together with Mark William Evans popping up in his own name, could also be part of the tidying up pre-IPO process.

Good post London69, thanks.

The Premium listing rules are very strict (and wordy), its possible these measures are related in some way, or as others have suggested pre-listing requirements?