RE: 12 Months later23 Jun 2026 11:43
Exactly, I feel the same. I bought heavily over the last three years because I believed the company was undervalued and that, with so much money having been invested in it, it would eventually recover.
I remember Damian Sanders, the Chief Financial Officer, buying shares at around 63p in May 2024, which I took as a sign of confidence. Matthew Moulding also said that the previous Apollo bid didn’t reflect the company’s true value, so it felt like there was a strong internal belief that the business was worth considerably more.
That’s why I kept investing, expecting things to turn around. Since then, however, the constant shareholder dilution and MM’s LinkedIn posts have felt like a kick in the teeth.I also foolishly thought that the APN listing would bring some attention to THG and help boost the share price. Apparently, MM doesn’t take a salary for his role as CEO and has increased his shareholding when the share price was at its lowest.
So why haven’t Damian Sanders or any of the other insiders bought shares on the open market, even for a relatively modest amount like £20,000? If they genuinely believe the company is significantly undervalued, a small purchase would at least demonstrate confidence and send a positive signal to shareholders. So annoying!!