Fundamentals are out of the window for the moment.
If shorting this out of existence makes money than that is what will happen
Looking at £2.40ish to top up after buying foolishly at £4.
1stI want it is 22.5
2nd price I want it is 25.8
3rd price I want it is 32.5
Last Price 0.215
1st price I don't want is 18
2nd price I don't want is 15
3rd price I don't want is 12
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Double top means it may go up or down.
If it starts going down then it may bot later.
Yawn..................
Inflation will only go up from here.
Energy prices rising from lows, Corporations raising prices above inflation because they can and is now normal practice, Wages rising faster than inflation.
Germany a disaster, Debt pile a disaster.
Auditors don't want to publish at all. (I wonder why)
Sale of assets in the US will only be sold at a fire sale price. US can smell desperation and can simply wait to pick it up cheaper when mobico go belly up.
Looks like this is heading to 20p looking at the graph.
If there is a JV the share price will move before the news is released over a period of time. On release of an rns about the JV there will be a small uptick and then a sustained fall until more news.
Evidence/rationale is the price was £4.92 on March 21st and now is £3.60. If you look at the graph it's like an extreme ski slope.
The ceo is leaving. Shorts are high.
Not necessarily because that's what it's worth but more because of sentiment.
Sub 1p soon unless the pump and dumpers decide it doesn't. Very manipulated share.
Destined to be diluted to nothing over time for early investors.
Just another aim share like matd, 88e, ufo or others.
Eventually after ocado loses the m&s contract and starts to lose others it may struggle and go bankrupt .
Seems to be what the city has decided what is going to happen for certain.
Sub £2 within 6 months now that shorters have control ?
£1.20 gives it a market cat of around a billion.
Any ideas on how low this will go ?
£1.90 and it's still a 1.6B market cap. Markets always over and undershoot.
Shein and asos are miles apart, Try to buy adidas or nike on shein. It' s more of an online matalan or TU. Temu is similar.
Look what happened to Wish. Asos sell premium brands.
We are in a recession, mortgages doubling for some and inflation is making times difficult.
Soon interest rates will ease and wages are outpacing inflation which should be good for asos.
No ones going to buy this now with such a wait. Back to 0.5 very likely. Then a raise followed by delays and another leg down. This is aim .
At some point it may be a good punt next year.
Some price movement will be down to the end of tax period, ISAs etc.
Shouldn't happen but it looks like new lows are coming. Just a whisker away.
Placing in a few months at maybe 0.06 or 0,07 ?
Crazy share movements.
Olympics this year, Lower rates, Presidential election, UK Election should help .
Don't any of you get irony ?
Thanks proper-job for having a sense of humour.
As for OneKnows - You call every second person a clown looking at your posts. Lots of emojiis of laughing if someone loses a lot of money ?? That's poor. You post a lot of personal derogatory comments about people.
Thanks to everyone staying positive the last year. .
Have most of the profits on a holiday home and a new car.
Well done all the peeps who kept the faith.
Kept some to sell at 0.01.
Rise has fizzled out. Patience needed.
Election and Euro and Olympic year should be good for S4.
" Selling out now as it will be a week to more news....good!! "
Even better if it takes 6 months and goes down another 80%. !
Hopefully another 80% will bring an outstanding opportunity.
Fill yer boots before it drops further.
Generally there is a bit of a mass exodus in uk shares at the moment but looks like a major shareholder needs money/lost faith.
Lets hope there is no black swan event to drag it down further.
Time will sort this.
Question is when to top up ?