Sentiment4 Mar 2021 10:00
@micky - very good post, although I think the nas listing has always been a bit of a red herring with boo. They don’t really fit the mix of tech, whilst they are a growth stock, ultimately they are an online clothing company nothing that special to cause a us listing.
The city don’t like them, no different to a scene out of layer cake they will continue to be suppressed and vilified.
These stories have no substance, but every seed of doubt that is planted puts off serious investors. MS sold half and haven’t added anymore and the sp hasn’t given them much since their investment.
For all the talk of amazing sales figures etc, it makes no difference to the sp. this will waddle back to £3 and then go back to £3.70+ on results and then there will be a mass sell out as there is every set of results and it will retrace.
How to break that pattern ? I don’t know