600-800 posts13 Oct 2024 08:12
Since the announcement on late Thursday I think I must have seen /read some 600-800 post, for many / most although it was something we all wanted we didn’t expect it to devalue out investment in the short term.
But I guess if we look at in the cold light of day it was the only way to move forward and although it does all look negative in the medium term it will/ should be more beneficial for all of us.
Like all money raising issues it always seem to affect the long term holder the most because they are the ones that probably bought in at the highest prices, but for many that bought in under the £1 it could well turn out to be ok.
If we are completely honest THG is now/will be in a much stronger financial position than it was a few weeks ago and many big new / current investors realise that with their commitments on extra money being put in.
OK so most of us still have many questions and hopefully get the right answers and pay back for the trouble and sleepless nights, but in a few weeks we could have a new CEO which many have been asking for and a much stronger company with higher profits than before, and with luck a much higher SP for us all.