RE: My email to ITV investor relations11 Aug 2020 16:12
Wow Synic, I tip my hat to you ! That's a very well worded and constructed email but sadly I don't think you'll receive too much of a response, if any at all that is . I do hope I'm wrong but as everyone knows this trading exercise by GS has nothing to do with the ITV board, although the board will no doubt be fully aware of what's going on behind the scenes.
All the posts on the other chat forum are now clued up about the antics of GS and personally I can't see the stock trading down to those mid 50p levels again as there were some big buyers around last week and GS don't want any of that at all, especially as everyone can now see what they're up to, even to the extent of fleecing their own clients from 90p after issuing an upgrade to ITV shares from 88p to 96p just a few days earlier.
They've bought back some of their short this morning and I expect this will continue and personally I don't think a bid is too far away now as there seems to be a lot more 'talk' this week.
No need to sweat the small stuff here but equally I understand your frustration as well, lets hope the investor relations team at ITV can also offer us some degree of comfort although I suspect they will be largely silent.