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the other thing is how long the vaccine is valid for.Would another vaccine be needed in 6 monts or a year?
The vaccine will have to be stored at -80 degrees which would be a problem in storing it.
The drop of shareprice was totally unjustified. A good recovery tomorrow hopefully.
We should expect a trading update early December.
Also the trading will be good for Boohoo with the Black friday as always Boohoo had big sales.
Xmas sales also will be doing well, so trading will be exceptional for Boohoo this year.
Anything goes! If a big conglomerate think they see value, a good return,a good investment, solid company, a covid 19 proof investment...then they will go for it.The high street is dead for sure.A surprise???? Perhaps yes!
BUY THE RUMOUR, SELL THE FACT!
It should move higher as all the health stocks are involved with covid 19 and will be influenced with the current global situation.The race is to find the vaccine for the cure.4D is also involved with the IBS treatment so a double whammy.
Likely to edge back up to 145p-155p soon.Waiting to join Nasdaq .
Keep your shares tight and keep adding!
next week should rise to 180p then if shorts are closing because of the Nasdaq listing
the prospect of Nasdaq listing will push that higher next week.Possibly 170p-180p
Maybe an rns regarding the process of drug tests
it looks to recover back to 160p - 180p
Next week will be very interesting back to 180p with so much good news to come
well if they do not sign off the accounts should not get paid .
Also they are breaking the agreement with Boohoo as auditors as they are still have a contract with Boohoo.
PWC will seem as useless as auditors to be employed by anybody else with their behaviour and will not be trusted.
Good riddance!
Strange after 6 years the accounts were audited and found ok and all of a sudden they are not signing them off. If there was a problem why did not notify the company. Boohoo are not liable nor responsible for their suppliers affairs or running their business.
The sooner a new auditor is put in place the quicker the story will end.
still very happy as there are more positive stories to come out.
The expansion to Middle East with 7 countries buying Boohoo items, the Australian sales booming and in the US too.
Also the 2 new plants in Manchester and the factory in Leicester.
Black friday in November and Xmas orders will boost sales to £3 billions and probably higher
500p in the new year.
This is farcical! Boohoo does/did not run the factories!!!
The suppliers hire and fire workers whether legal or illegal workers.You can not blame Boohoo directors for the suppliers behaviour.
Whatever agreement the workers had with the suppler bosses cash in hand to avoid losing their benefits.
It is utterly absurd to blame Boohoo for others conduct!
Where were the HMRC inspectors to check the employment laws were followed? What happenned to the accountants submitting the suppliers accounts?
This is not right , Boohoo is blameless for others faults!
Auditors would scream for joy to find work as we are going in to recession.
I wonder how many auditors tendered for the job , to audit Boohoo group.
Arriveterchi PWC , welcome the new auditor!
460p in the horizon!
the appointment of a new auditor is only a matter of time.
What will the derampers/media/shorters will find to blame and accuse Boohoo of.
I expect Boohoo to come out with a solid RNS to create a Buying surge towards 400p.
Todays stories will be forgotten. I see raising to 450p after Xmas. Just weather the storm!
Blame everything on boohoo. Covid , unemployment, alcooholism, gambling, murders, all crimes!
Massive hysteria in the stock market....Boohoo dumping their auditor who has not audited the Boohoo suppliers when it should!