Member Info for London69

No, I like others were expecting higher offers but it's in the past now and I've forgotten about it.

I only owned the underlying shares at the time but have since used leverage to take advantage of the drop in share price.

Ha ha. Who knows???

Ha ha alot! More than you

I've had to deposit more equity

Hi Boom,

Are you near to a close out?

Good spot on the short decline Pencil.

Blackrock started increasing their short in June, peaking at 1.20% on 29th July and reduced to 1.17% on 16th August.

I'd expect them to continue to offload sub 70p given that they've already made a decent profit.

Good morning Down,

You called it right again.

Can you tell us whether we end the day above 70p or drop back below again?

Thanks!

Darktrace, another UK entity, have also received a takeover offer today.

UK assets are definitely attractive to overseas buyers at the moment.

I'm at 120% margin so like you have a bit of breathing room.

It feels that we've got some sort of floor to the share price and maybe with a bit of luck we break 70p this week!

Hi Boom,

How is your CFD with Capital.com? Did you stop out when it hit recent lows or did you manage to avoid it?

Hi Down,

Do you think the share price will break and hold above 70p next week?

You've made some surprisingly insightful predictions about this share recently.

I'm going to stick my neck out and say I think we are pretty much reached a floor to the share price.

I also emailed Investors Relations offering my opinion that they should begin a share buy back of up to 10% of the share capital, as approved at the last AGM, given FCF projections, debt maturities and the ability to hold the purchased shares in treasury which can be sold later when market sentiment improves. They said they would forward this and other shareholder recommendations to the Board.

Good morning Steve,

I reluctantly agree with your assessment. I have averaged down to about 69p but that is probably going to be considered high in the next few weeks.

I've emailed Investor Relations to share my concerns because we all just want to see a floor to the ongoing decline.

Let's see what happens....

Hi,

Are you expecting some more Director buys before the closed period?

Can we also consider 65/66p a level of resistance or do we all think the current trend will continue downwards? Apologies if this is a stupid question. I suppose the answer is that no one knows and if they did, they wouldn't posting on this board but enjoying their luxury yacht in the Carribean.

Have a nice weekend all!

Hi all,

Anyone else receiving a message stating that there is insufficient liquidity in the market to buy THG?

I'm using Capital.com

Good evening all,

I completely agree. It's very strange. Why not gift the cash to friends whom can then buy THG shares if they so choose. There are no tax advantageous gifting shares this way.

My sense is that he wants to show the markets that the Directors are buying but we'd much prefer to see him stake building if he has free cash available to him. That would for sure boost the share price.

Sorry Boom. Another question.

IG limit the THG CFD size with a leverage of x4 to £9k. Do Capital.com have such limits?

Thanks. Apologies for all the questions.

Hi Boom,

I've just signed up to Capital.com but can't find THG. I've emailed support but is it listed elsewhere in the app?

Thanks

I've started to sell some my shares and buy CFDs because I can then use leverage to buy at these prices.

You can see I'm still heavily weighted to owning the asset but think that will change over the next few weeks.

I hold about 95% in shares and the remainder in CFDs.

Are you with Capital.com? If so what sort of leverage?