Member Info for camo1997

Who the hell would pay that in this climate?

I know there was a buy rating, but this seems excessive? No complaints, just saying. Something else?

Well.... this thing has gone

Https://twitter.com/LEEU_CAPITAL/status/1699744421997060386

Https://twitter.com/LEEU_CAPITAL/status/1699712580376318289

Oh this stock..... thought we might have been getting somewhere

seems so....needs to be investigated as to why that blog published it.

Seems to be!

Yeah spread looking very good

And again, was almost willing to take a hit on this a month or so ago, so compared to where it was, had to drop some exposure. Still holding some though in case of any jump. Will re-buy if any fall.

Average was just a little over 36p and sold some today at 40.4985.
I agree with the longer term outlook and with the potential buying still to come from Family and Mike.
However, i think the overall market is extend this year. While holding brown i thought the returns were idiosyncratic due to the takeover news. However, boo and asos are up HUGE this year too. Plus some US stocks are up 100% now from the lows. Market is pricing in lower inflation and pauses/cuts to rates. Central banks are saying more is to come. Macro outlook is the same, ie war getting worse, china up to their old tricks.

So all in all, wanted to drop some risk as AdamAnt said.

Yeah saw all those, got to have another rns then!

539,009 volume in auction. 2,037,503 total today. 39p finish.

RNS coming again?

To speculate. If they own like 1-2% of frasers, maybe its in their interest to hand over shares to Mike as they know the upscaling it could do for Frasers. And maybe they have some deal with Frasers. All speculation at this point. As you said, makes little sense so just trying to make some sense out of it lol

Guess we will find out post close if they issue the RNS today

Issue is, they're highest price paid over 12 months is 30p (correct me if wrong). And now if they offer 30p, as they hold 75% (or near enough) they could accept on behalf of everyone? Am i wrong?
Not read the full take over rules

Indeed, it does seem intra family then, and to guess, would be so one member has the full holdings?

57,900,000 trade
So, looks to be off-book and if ALLIANCE were on the other side buying, the family must be near 75% ownership??

Feel like this has been in auction for 30 mins + now? Last trade was 1:45 ish?

All in line and as normal, strong balance sheet. So can't complain. Get through this year and there is hope.
Just need to keep an eye on defaults on the credit side.