RE: Matt Moulding's THG set for FTSE demotion1 Jun 2025 10:42
Surely Moulding won’t be purposely destroying his own wealth.
‘Moulding has seen his personal stake plummet from £493 million to just £24 million.’
Meaning he has failed big time. His stubbornness and inability to admit defeat is where we are now. He can make all the excuses he wants but the majority of companies have had to navigate through difficulty since 2021 and lots have flourished since.
I don’t see how it’s only retail investors only voting against Moulding and TGL at the next AGM, even if the big holders can afford to wait it out. At the current rate, it’s not waiting for the share price to bounce but more for it to keep falling under current management.
I hope Moulding reads this article today because it will wound his overinflated ego for sure.