RE: Mike Ashley must be fuming!!26 May 2023 10:29
Oh, a very conservative 5 quid or so. Well, I hope it proves to be very conservative of course, rather than ambitious :)
Also bought in with the potential/hope of catching a bid, but not sure if this threat will be removed now with the raise. Threat for LTH's anyway, rather than newbies with lower averages, who would naturally welcome a quick 100%. Even though such a number would presumably be rejected by the main holders pretty quickly.
CEO will be feeling the heat if the next market update does not show signs that the strategy is working. Should have bought a chunk on the open market by now too, IMO. If he does not do so, that will be another black mark against him to my mind, but not enough to influence my trading position here. Might feel differently if I were a LTH though.
This sector is not my typical bag, so to speak, so I can bring even less knowledge and wisdom to the table than usual. Meaning my buying in here may act as a useful inverse ETF, Cramer-style :) GLA.