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Still viewing things through Alice's looking glass Hexam

Such a shame

Leew I'm more towards the £40m than the £50m but it's the right ball park imo.

To fall nearly 40% below the placing price was beyond ridiculous

But that's the problem with UK markets, brokers don't realise the damage they do creating and propagating down trends and seem unable to adequately value the businesses they cover

Still troll blind I see Hexam

Wrong again Hexam, it's Debacle accusing me of posting something that is incorrect.

My statement is completely true as I took it from the FCA website.

I guess Debacle either hasn't bothered to read it or doesn't understand it.

Maybe you could explain it to him

It's overly simplistic to put it down to one thing

The key point is the sp is still lower than preplacing, despite the progress the company has made

Forty basis points Debacle. or for you short positions from 0.499% to 0.4%

Now let's see if you are honest enough to admit that you are wrong

Debacle nothing "alt" about what i have posted. go read the FCA website, although it may be too complex for you.

It says exactly what i posted

Why do you think there is never a position reported on shorttracker showing a downward movement from the 40's? It's quite simple, the FCA doesn't share them with the market.

Maybe try to understand what you post about before you post it

Rory Hainan's release said the payment will come from KMUK. They merely reserve the right to charge it back to Kodal.

Why do you think they won't honour what they have said

Rorydinho you are incorrect

Both companies say the 15m is payable by KMUK.

Kodal's opinion is that tax is the responsibility of KMUK.

Hainan state that KMUK reserve the right to charge the tax bill back to Kodal. So they think ultimate responsibility lies with Kodal. Note "reserve the right". That doesn't mean that KMUK will ever enforce the liability, should their view prove to be correct. It certainly doesn't mean Kodal has to stump up 15m this year

Is it a dispute. It's certainly a difference of opinion.

But it's one there is plenty of time to resolve and many ways it can be resolved

Hainan state that KMUK

Debacle rather than being a smart a*se why not describe the whole situation

The FCA rules state that all short positions over 0.2% need to be declared to the FCA and a new notification made every time there is a change of 0.1%.

However, only shorts above 0.5% ever need to be made public.

So the true picture is once a short goes under 0.5%, only the FCA know it and under 0.2% nobody has a clue

Compo, from recent experiences most of them seem to end up in the house of commons lol

God forbid, the right dishonourable Johnny ever turns up

I wonder if Johnny's village have even bothered to launch a search party.

Probably not

Personally I think Bernard has done the right thing by putting a stake in the ground with Hainan.

I think the overall thing is a storm in a teacup but Bernard has to stand up to Hainan

Where's the panic LD

ASOS results were by and large in line with guidance, only 3.5m shares traded here. Which is higher than recent months but tiny by historic comparisons

Mms and shorts have played a blinder to free up some more shares for Frasers.

This share action is so transparent it is stupid

Just bought some more

Stupid reaction to a legalistic maybe statement

100 not out, I'd suggest you change your name to 100% wrong

TheBasher thanks for posting the Hainan announcement.

It paints a slightly different picture to the fud that is being spread on here.

The statement is quite clear. The payment will come from KMUK and KMUK reserve the right to recover the money from KOD.

This doesn't mean that the money will be recovered. The money is due to be paid into two tranches in any event, with the second tranche due by 31st March 2025.

At the year end in March, Kod had over £16m in cash. So, if the worst case scenario happened and Kod had to stump up in the short term for £6m, I'd guess they could cover this quite easily.

The second half could be funded by finance against the asset or a very small placing. That assumes that the reserved right would be implemented, which may not even happen

So the sp fall today seems a bit of a joke imo

As posted earlier I'm not selling.

Looks like a bit of profit taking is happening, but a few big buys are keeping us blue.

All very healthy for the medium term imo

The Bish bash bosh is at it again!

Must be time for some news