Member Info for Erebus55

LOL OUT means so many things!

Dealer, have you sold out?

What's going on - been in auction over 20 minutes now.

75% up on the price predicted by RichR and Antled.

SP now blue.

SP going up with every buy now and hard to buy more than 50,000 at the moment.

Good to see masonmaster has arrived; means SP on way up.

Seems bottom hit earlier today; all buys in last few hours and bid/ask slowly rising. Have MickArrh and Antlev bought in out still waiting for 4p?

LOL, some people do take themseleves so seriously on what is alovely day - I was only winding up our good friend, who is certainly not British.

Antlev, it is your sentence formatting that gives you away. See you Kremlin types all over newspaper comment sections.

Antler, that is the funniest post I have ever read on a BB; also confirms English not your first language.

I expect Antled works for one of the MMs; this certainly isn't being dropped on volume of sells.

Rather. Infused MrRussian; you were upbeat on this last week. Said it would rise this week. Not playing more games and funny how you only appeared 15 minutes ago today.

A lot of blue but MMS moving price up and down for fun.

Part 2 covers mainly why it failed then conclusion:
Sources say there is good interest in the business. Private equity firms are understood to be circling, while one City insider says special acquisition vehicles, or SPACs, are “considering a deal with between £10m and £20m of cash plus debt”. A host of Made.com’s pre-IPO shareholders also still own part of the company. “I wouldn’t be surprised if they were considering taking it back private,” says Reynolds. “Not because they've got a particular level of faith in the business model or the management team, but it will allow them to mitigate their losses - and really, the thing is, online does work, and homeware and furniture will be effective. This is not a lost cause.”

The business debuted on the London Stock Exchange with a £775m price-tag in June 2021, less than the £1bn it shot for, and it has only been downhill from there. In the short time since listing, Made.com has issued three profit warnings and lost both Chainieux as chief executive and its chief financial officer.
The business is now worth just £33m, similar to what it was valued at in 2012 when it had just 45 staff and was making £15.6m in annual revenues. Ultimately, late last month Made.com said it was putting itself up for sale after failing to raise cash on the public markets. It is currently in talks with buyers, with bids expected later this month. Last week it admitted it needed as much as £70m to survive for the next 18 months. “It has been a pretty catastrophic year,” says David Reynolds, an analyst at Davy.

At least positive on it being sold:
https://www.telegraph.co.uk/business/2022/10/08/how-catastrophic-year-cost-madecom-740m-left-fighting-survive/

Went back to 12:37 for a bit, back now

Will go for 33.25p and 18.75p

I always thought you were ashorter given your posts.