We would love to hear your thoughts about our site and services, please take our survey here.
A few of us have been calling for the move to the NASDAQ for a while, before these reports surfaced. The UK market is valuing Ocado as if it is a supermarket. It isn't valuing the technology. With massive customers the other side of the Atlantic it's time to move the listing.
Reported that investor pressure is mounting to move to the US. Can anyone here confirm what happens to our shares if Ocado move to the NASDAQ? Do shareholders need to do anything? Never been invested in a company that switches their listing to the US.
Good luck day trading this.
Less talk, less hype, more real world deliveries..and huge destruction of mcap. I don't doubt his capabilities but he has presided over a drop in share price from 120-50p. He could do with announcing some positivity.
It's been up to 10p and more recently 7p with the Linde news.
Hopefully double that at least.
Sometimes in her interviews it sounds like she's been on the wacky backy.
Https://www.insidermedia.com/news/national/ocado-secures-multimillion-pound-shawbrook-funding
ITM are priced at their cash holding, so not valuing their "market leading" products at all. Maybe why they're rising, sooner or later the market will wake up.
I am glad that this is getting media attention.
I've never been invested in a company that ditches the FTSE for the NYSE, but it looks increasingly likely here, can anyone explain the process for the ordinary Joe shareholder?