Ocado didn’t bother making a stock market announcement on Monday about its latest warehouse fire, which, if the company and its City advisers have judged things correctly, means shareholders can relax. It suggests any financial hit will be negligible. If not, the company would have to speak up.
I have seen this many times over the years , £400m predicted profits for this year, owns half its stores, everything returning back to normal, 2 of its peers getting T/O and the SP drops to top end pandemic levels.
The remaining 50% of Ocado Retail getting taken out is another interesting speculation . On top of that I wouldn't be at all surprised to see MKS getting a T/O approach in the next month or so , the Ocado tie up makes it truly irresistible .