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I don’t think MA will be able to get all his hands on boohoo. Bit of a pipedream

Why boo sell on the cheap and do all the hard work for MA? No logic here

GS are advising on a sell rating to buy as cheap as possible is my opinion.

Cheeky B

How do we confirm if it’s a buy or sell? On here it’s down as a sell.

Great piece in the papers! Finally

Major incident.

Details I can’t see due to a pay wall.

I can’t see anything on lse site.

https://www.bloomberg.com/news/articles/2023-10-19/london-stock-exchange-system-issue-halts-trading-in-many-stocks?leadSource=uverify%20wall

True for hargreaves … I can’t buy any

Until I see these guys buying back…. Sp is going nowhere

Site looks down.

What were the percentages J?

SAYE Share Scheme 2021

boohoo (AIM: BOO) announces the grant of options to employees as part of its Save As You Earn ('SAYE') share scheme for 2021. The scheme is open to all employees, giving them the opportunity to participate in the future growth of the Company via share option arrangements.

Eligible employees were invited to subscribe for options over ordinary shares of 1 pence each in the Company ("Ordinary Shares") with an exercise price of 154.48 pence, representing a 20% discount to the closing middle market price of the Ordinary Shares on 6 October 2021, the day before the invitation to participate was made. These options have a contract start date of 1 December 2021 and are exercisable between 1 December 2024 and 31 May 2025.

A total of 1,387 employees elected to participate and, pursuant to these elections, a total of 6,144,989 options over Ordinary Shares were issued on 1 November 2021 equating to 0.48% of the current issued share capital.

Can shorts buy the shares back off book?

True Jeremy.

I don’t think MA are buying on the open in that case.

The question is who are the shorters loaning from? Yes this will help MA achieve better buy pricing but the shorters still need to source a current buyer to loan from right?

True Paul.

Who knows maybe JL / Kamani are waiting full at 26p?

I recall boohoo employees had an option to purchase shares under the share save scheme. This was over £1 right to enroll?

I would be surprised if boohoo don’t meet some profit for the internal staff. I can only imagine this to go down pretty badly on the employee front.

We also had a director who sold his circa £300k cfd for 300k shares at £1.

Again I would be expecting they would to sell if they thought they wouldn’t get their money back.

Then we have Umar and the new scheme for the directors to make money over the next 5 years. Again I can’t see boohoo looking at the short term view.

The point I’m making is you need to relax and take a 24/25 year view here. 2023 was always going to be messy from a inflation / continuous war / America not fully operational point of view.

I do believe boohoo have the ability to take this sp to £1 by March 24. Asos are also giving their update around 25/10 so that could help an uplift.

Unless you need to message on the board, I would strongly recommend taking a break from this bb. If you are a long term holder… exit the bb now. Come back after Christmas otherwise you will get caught up in some drivel.

I pop in now and again hoping to hear some constructive advice both ways. However I end up leaving early within a few seconds as all I read is personal attacks / negativity.

Trust me… take my advice as you will have a better day. Expect sp to bobble between 28/30p for now.

I genuinely don’t believe the Kamani family have the money to take it private.

MA will soon block that also with his purchases.

Private would mean offering atleast £1-2 quid which I dont believe will also happen.

Just my opinion.

Clearly shorters are trying to surpress again. Increase in the interest yesterday clearly is trying to tell us they are not interested in buying back yet.

If I was to plot the lines on the 15m chart. I suspect the cross over will be at 25p. There seems to be lower / lower candles forming.

Quakerjon I believe MA has a 9% stake.