Member Info for Franalex

I would conclude the same. If an extension is needed the RNS would surely have come first thing, likewise if the deal was off.

Not unduly surprised by the big fall given gains in the past few months and I had personally hoped for a much bigger dividend increase. I think all long term holders know that is is very vulnerable to changes in perception of risk and with a market in which a large number of funds do not like tobacco stocks.

Do you really believe manipulation is responsible for the drop from £4 in five years or the 70% loss since 2022. It is ridiculous to believe that this is more relevant than woeful management over a prolonged period.

So little positive sentiment for the stock, even as markets hit new highs, that anything in the next update that is remotely negative could be very damaging. If the Board were so confident they could finally unlock the promised shareholder value, why have they not released something positive?

Too many false dawns. Can not see any major rerating until something value enhancing actually happens rather than forecast to happen.

I have been riding it out for a long long time and not one of the recovery predictions has materialised.

Yes and over a period of several years. Still find it remarkable that anyone outside the family voted for more of them same.

Yes a continuation of unlocking value for the Management Team whilst continuing the long-term policy of value destruction for shareholders.

This continually cited commitment to unlocking value is going so well!!

Boohoo imposing management on Revolution Beauty was nothing to do with Ashley and that interference has been another dreadful decision. Name one piece of value adding strategy the the Board has overseen in the last 3 years. The share price just reflects one bad decision after another.

If 170p undervalued the business then even the most arrogant of directors must accept they have destroyed massive amounts of value in the intervening period or alternatively 170p significantly over valued the business and therefore should at least have been put to the shareholders. It seems that even with the share price holding at well under £1 for a long time, it is not attractive to a bidder.

Some of us were highlighting the red flags months ago whilst others banged on about the huge new contract in Germany starting in January that would deliver value. Where is this value?

Shabz, the letter at least reminded me to vote, against him. My holding is via the HL platform and I found out how to vote. Suspect Bell must have similar. Unlikely to have much impact but makes me feel better.

Struggling to think of any news that has moved the Boohoo share price up and stayed up but can think of plenty that have moved it down. Just astonished that any individual or institution can have the confidence to stick with those that have caused such share price carnage.

There has been blood on the streets for years with this stock and it has never been a good time to buy as the loss on my portfolio shows. Do wonder if the current weakness is factoring in another dividend cut and if that does not materialise (and it is covered ) then we may see some recovery. However my previous optimism was badly misplaced.

Well the “unlocking and maximising shareholder value” that the Board banged on about in their response to Ashley is progressing as it has done over the past few years; ie destroying shareholder value. Fortunately the letter that arrived advising me to reject to resolution prompted me to go into my HL account and do the opposite.

I did think long term 15 years or more ago and it has not served me well.

Still zero evidence that the Directors acted in the best interest of shareholders in rejecting the bid.

Mullins, Based on history, the mega news is more likely to be insolvency than something positive. I invested in the last raise against my better judgement but they are having no more of my money to fund their personal lifestyle.

I posted after the last fund raise that I feared I was throwing good money after bad and clearly I was. Nothing more from me.