Member Info for Ammu123

Defo looks like some sort of corporate activity in the background....
Markets not helping otherwise this would have been up 10% on the news of 5% stake

https://www.thetimes.co.uk/article/citadel-reinforces-its-position-in-asos-with-light-on-the-horizon-mqwmzsg3q

Citadel reinforces its position in Asos with light on the horizon

hedge fund founded and controlled by an American billionaire has increased its stake in Asos, the online fashion retailer once fêted as a stock market star. Ken Griffin’s Citadel, which manages about $43 billion in assets and is one of the industry’s biggest players, has lifted its stake in the group to just above 5 per cent, according to a stock exchange filing.

Citadel has been investing in the business for some time through different financial instruments, but under stock exchange rules shareholders that accumulate a 5 per cent stake or more in a public company are required to disclose their position.

https://www.thetimes.co.uk/article/citadel-reinforces-its-position-in-asos-with-light-on-the-horizon-mqwmzsg3q

Anyone got access to full article and can share?

The current MCAP does look cheap for 4B revenues and the ASOS brand

which idiot sold at 95p ?

crazy this used to be in the 5000's not long ago and now PI are celebrating this going back to 2000....
CRAZY valuations currently...

what an opportunity to buy this at 100p!!

Don't feed the troll.
Just ignore her....

"I sold and rebought lower"

You posted on Thursday you selling out when SP was 92p....SP closed 95
Shyster!!

Lets see if I can buy some more sub 100 before the update!!

*on

before adding?
you said you adfvn you sold out...LMAO

ahmmm.....the stock price has already plunged 70% from last year....A lot was priced in....
Some thickos on here....

Goldy weren't you ramping this at 300p?

Can't be many left sub 100p now..

I doubt it would rise if they were LOL....usually SP goes down.

any news out there?

really going for it now...
Close above 1720 will be bullish for the SP....

What's happening at ASOS?

The derampers very quiet today!! LOL