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I think it depends how it is portrayed in the media, this dropped massively on the news he'd pled guilty, but it wasn't new. If the shorters smell nerves they'll make it seem like it's dropping even if there's not much there.

Either way, I believe this could be their last roll of the dice for them. They're probably a lot more nervous than us right now.

This is really odd, the market didn't really take it well

Judging by the price supression, I'm guessing a shorter

This seems to be a really small volume today. Feels like a game of chess.

I'd have thought this adds even greater weight to the argument that it is likely one of the bidders who has purchased. I wonder who and how much for

Which news is this please?

I don't think it can have been in the market because there weren't a high enough volume of trades, but we will find out soon because that size purchase is definitely reportable

This is really interesting and makes a takeover much more likely in my opinion. I wonder who those shares went to, maybe another RNS on the way?

I miss the NEX BB. I got out too early on that one, panicked at the latest huge drop on the lockdown news

I'm not sure it will drift, Friday saw a big early rise with it tailing off later in the day. 25p offers people the potential of a quick 100% there or there abouts so I'd have thought they'd jump on it early until we reach 37-40p mark. If we hadn't have had the slow down on Friday then I'd have thought it would have been more likely to have that early drop, but feel this could motor as people try to get in quickly.

We'll see I guess.

It'll be really interesting to see how the shorters react. I expect some really heavy downwards pressure early in the week, but this will likely have them sweating and after they reach resistance it should shoot up as they quickly close.

There's a chance they may wait until Thursday, but that's looking like a real gamble for them now.

This is a really old article.

This one from last year is probably more relevant to the current situation https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.retailgazette.co.uk/blog/2020/05/french-connection-turns-down-bid-from-all-saints-ceo/&ved=2ahUKEwiKnNGMyNXuAhXrQxUIHdKaDC8QFjAAegQIARAB&usg=AOvVaw3fXGX73Ntl8XgoDeSqNs46

But Jersey is part of the UK so surely we can't get away with this new ruling?

Sounds promising, that's another 100% uplift from here and likely by the end of March too. Very exciting indeed.

It's funny though, this board is really quiet. You'd have thought there would be more excitement, goes to show how little free float there is with this stock as 2 parties hold about 70%. That's likely a good thing for securing a good price, particularly as 41p was rejected last year.

It's a good sign, the desperation is kicking in. I think next week will be their final shot before the shorts start to close. They'll be hoping to push it lower after the sentencing, but then there will likely be a huge rush for them to get out before this flies

It was a shame it didn't end on the up, but if you look at how much the Arcadia 4 brands were sold to ASOS for (£330m) and all of those I would argue are less well known than FCUK, this is still undervalued as a brand.

It wouldn't surprise me to see them, Boohoo and Fraser's Group all expressing their interest.

This had the usual Friday afternoon flatline, but held up well. With further people reading the news over the weekend this could continue its upward trajectory into next week, especially if a few institutional investors decide to get in on the action.

I've been looking into this a lot and there seems to be some heavy institutional investment here, without any notifiable reductions.

With the way this price has dropped over the last 12 months and beyond you'd have imagined that surely they would have cut their losses and left unless they see this as a recovery play wouldn't they?

I might be missing something, but surely Petrofac must be a takeover target right now? Their order book alone must be attractive at this market cap