THG is not worth 500 Pence Now10 Jul 2023 09:01
THG has struggled since going public, due to the firm’s corporate governance, missed financial targets, profit margins below expectations, high commodity prices, a disastrous Capital Day Event, SoftBank pulling out it’s investment and a petulant CEO.
250 pence is the best price PI’s will get in the next 3 months.
If you want to wait another 3 years for 500 pence the SP is going to need to be 350 pence by then.