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Are Frasers group trying a meg merger with ASOS and Boohoo? I have to admit the thought had crossed my mind. One big advantage would be over coming the concerns of Povlsen who wants to keep the business as a listed entity. I guess they would all have shares in the new business. It would also help to provide protection against hostile takeovers. Interesting question IMHO.
https://www.theindustry.fashion/is-frasers-group-trying-to-fashion-an-online-mega-merger-with-asos-and-boohoo/
Quebe have appeared as a short at .52% and increase of .02% to appear. This is a copycat of several other shorts appearing recently. So it looks like we have jumped to 5.47% but they were there all the time.
Now if I was short but wanted to get out. I would buy a little more to make it appear shorts were roaring ahead. And then use the volume of sellers to get out. It’s good to see that the big volume yesterday and today has not been claimed yet. So presumably a biggie is still adding. DYOR all good IMHO.