RE: Will THG Nutrition List In USA12 Jun 2024 17:36
"I am not ramping or being misleading this is a fact. They have spent 15 million getting all 3 divisions ready."
Crafty, I think you need to read the news piece with the dogs reference in. It states that MM dismisses the idea of doing exactly that. I really do think THG spent £15m on trying to keep some happy, rather than a plan to follow through, as MM is a law unto himself.
He doesn't want to sell or break up his baby. He wants to leave the LSE but he has done for 2 years now and here we are. I really do think he wants to fight inside the system he hates, to prove he was right all along ,but the system values the company based on MM himself rather than it's true value.
It's a real mess at the moment and even though MM has his 65%, which has allowed him to bat bids aside and then slam them on LinkedIn, the larger shareholders and have not paid into a registered charity and never want to see the money back. The longer this goes on the longer they will want to see value shown in the share price as they are all well down and you can only bend a twig so far before it snaps.