I refer to the excellent posts on 19th July. He has sold the PUT options - so no he expects the price to rise. But my gut feeling is the voting rights are more important to him right now. IMHO
RE: Experts say tide is turning on UK shares - now the world's cheapest30 Jul 2023 22:14
Recovery of value from most of that 800M stock is rated as high under normal sale/discount ASOS models. Why because only 130M of stock was written off- not 800M. Please read CEO forward looking statement for confirmation. On target to reduce costs by 300M.