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Fascinating video, gives a real insight into the ethos of Softbank and what a great partner to have onboard.

Lets see how this translates with their Ingenuity option.

Something to else to consider with a Standard listing, how is the price supported if you limit the buyers?

Perhaps this was a major factor when the short side were looking at this over 600p, even a moderate amount of small short sells (as indicated by CEO at the time) could have an amplified impact on overall price movement.

Its not even 12 months since this RNS was released:

"..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/

I can't see any of the major holders selling out, think about the time line - less than 12 months ago both Sofina and Softbank were either buying new stakes or adding to existing.

Going through the various RNS press releases since listing its all fairly positive and consistent with their IPO objectives, indeed they have beaten IPO forecasts, so why sell out now just because the share price is down, doesn't make sense to be influenced by Mr Market - Benjamin Graham had a good summary of the daily swings in one of his legendary books.

The brokers at IPO time were keen to get this away, fees, fees and more fees - lets go for a Standard listing which is way quicker rather than a full Premium listing, this imo is where the problem is, no point in listing on an exchange if you restrict the buyers to specialist funds.

This decision sits with the advisors, were the limitations explained fully at the point of sale ?

Hopefully we get to hear of developments on this soon along with a new Chair, this imo is more important than outside approaches for LTH's.

..my cents worth

(InsiderKnowledge 18:53)

Cheers bud, market swings can get you like that sometimes.

InsiderKnowledge, I had to go back and look to see if it was the same poster, you sold this lot three days later ?

My buys this morning as promised nearly £50k07 Feb 2022 08:31
13172 @ 137.58, £18,122.04
7570 @137.84. £10,434.49
13285 @139.03p, £18,569.44

It's always worth checking that your own broker is not lending out your stock, the bigger firms tend not to due to bad publicity.

The main holders are unlikely to lend out but possible, Blackrock have a large securities lending arm if they are still invested.

Things is, if Blackrock do decide to sell (not sure what their current position is) they have to call in the stock, can often make it 'unborrowable' or cause a short squeeze.

Hosai, very much agree, its mainly the non holders and media deriding management, certainly not my view at all.

Good write up from IPO by long term shareholder and member of the board, point one may strike a cord given current state of play..

https://www.balderton.com/news/thg-a-direct-to-consumer-pioneer-born-built-and-thriving-in-manchester-england/

Someone bought the shares and now there is a guaranteed future buyer.

Hosai, great video, really sums up the scope of THG.

Amazed there has been no TR1 updates so far, tons of volume but I guess much of it is just mm churn. Also US buyers subject to 5% rule which takes a bit more to move the needle.

Morningstar may update next day or two given a general insight.

Can't blame them ..

Britain's Arm, which named a new CEO on Tuesday, said it would go public before March 2023 and SoftBank CEO Masayoshi Son indicated that would be in the United States, most likely the Nasdaq.

https://www.reuters.com/business/softbanks-66-bln-sale-arm-nvidia-collapses-ft-2022-02-08/

The market capitalisation is irrelevant in these circumstances, percentage increase/decrease and how the market perceives such rumour is relevant.

10% in very general terms is a benchmark

Please see earlier posts for reference material and links

(Pokerchips 22:07)

It was a separate RNS, not part of the CME Presentation.

THG PLC (THG)

Wednesday 13 October, 2021

THG PLC

Statement regarding share price movement

RNS Number : 9151O
THG PLC
13 October 2021

https://www.investegate.co.uk/thg-plc--thg-/rns/statement-regarding-share-price-movement/202110130700089151O/

(soleman1 21.33)

My interpretation is based on below; a precedent had already been set in October 21 price drop, however there may be other factors to consider which we are not aware of (yet).

"In order to be effective, a "no comment" policy must be used consistently. Any inconsistency may allow the company's audience to infer an answer and would be tantamount to selective disclosure."

https://uk.practicallaw.thomsonreuters.com/6-101-7488?transitionType=Default&contextData=(sc.Default)&firstPage=true

Jornos often report short positions but it fails to take into account those that are exempt from reporting, market makers being one such example, Prime Brokers fall somewhere in the middle.

They do however still need to be covered, hence the Crest data is still a good bench mark imo.

The easy (and standard) way to get around notification regs is by using a Prime Broker.

The FTSE 100 is past its sell-by date - we've failed to get a single big tech stock to list here, says fund guru and comeback king Martin Gilbert

https://www.dailymail.co.uk/money/markets/article-10454935/FTSE100-past-sell-date-says-money-man-Martin-Gilbert.html

That's interesting, so the story was verified by another jorno;

"Indeed, the hard working Sam Chambers at The Sunday Times appears to have independently verified little old Betaville's UNCOOKED Alert with his own sources. Below is a link to his piece in case you missed it:"

(reposted link in case original gets lost)

https://betaville.co.uk/betaville-intelligence/uncooked-alert-thg-said-to-part-6/

V helpful Mando, can I suggest a separate thread title, that way you it can be easily added to and referenced.

Cheers

Interested to see if US opening makes any difference, as mentioned the share register is predominantly US based, those companies mentioned via the media are also across the pond.