Member Info for MarekQ

This is just weird.
274,887 shares @ £1.93approx = £534,000
That's 0.0225% of shares issued.
Wipes over £90 million off the Market Cap.
(Figures from Investing.com @ 9.04am)

Close : 198

Excellent link, thank you Indy.
6% don't sound big, but it's 73million shares !!!!

@itisagame I guess 6% of shares short doesn't suit the financial journos agenda.

Yes, Blackrock issued a TR-1 to notify they were reducing their holding.

What I'm saying is, these figures indicate that we won't see another TR-1 from an II, as none of them have increased their holding.
According to that simplywall.st link II's now hold 60m less shares and the General Public hold 60m more

@itisagame,

Don't think you will see any TR-1's for those shares.

Currently the top 25 shareholders own 79.69%.
That's down from 84.63%.
A fall of 4.94% or 60.4million shares

I posted this on this page on Friday 6th Nov.

"Just been looking at the ownership of THG .

Top 25 shareholders own 84.63% of the company.

Only about 82m shares with the General Public (6.7%)

There were about 52m shares traded last week ????"

https://simplywall.st/stocks/gb/retail/lse-thg/thg-shares

This evening I've looked at the same page and the General Public now own 142 million (11.6%).
60 million more shares in the hands of private buyers.
Is it now fair to assume there is now no huge overhang of shares available and perhaps we can have a 'fair' marketplace ??

FT are at it again !!

https://www.google.com/amp/s/amp.ft.com/content/162f0230-97eb-4818-b9b5-97469fe4aeeb

On Spreadex 100% of clients long on Rolling, Dec, March and June :)

MM doesn't even need to take it private to push the SP. Just by raising the possibility publicly he may force a rethink by short sellers.
Its a dangerous place to be short selling, when a "going private offer" announcement could put 150p - 200p on the share price.

Interesting times.

All fuel to the fire :) :)

Love the last comment ;
A spokesman for THG last night declined to provide further information. However, it may be forced to do so if City regulators deem it necessary or if the share price rises sharply tomorrow.

Just been looking at the ownership of THG .

Top 25 shareholders own 84.63% of the company.

Only about 82m shares with the General Public (6.7%)

There were about 52m shares traded last week ????

https://simplywall.st/stocks/gb/retail/lse-thg/thg-shares

So MM and friends own "more than half the business" let's say thats 51%.

And let's say in their opinion the four divisions are/will be worth £ 7 billion.

At present the 49% they don't own would cost a premium on £1.2billion, for half a business they believe is worth £3.5billion.

MM has already committed to relinquishing his golden share, which protected him for a hostile PE takeover, Looking at the figures if he doesn't take it private, somebody else will.

"the share price only moves because of the balance of shares that might trade around"

MM seems to be taking the short seller attack (whether real or imagined) personally. He clearly doesn't like "getting his homework marked every day"

Giving such a ballsy interview that leaves The Times reporting that he is "appearing to hint that he could take the business private if its share price does not recover"

So as he has brought up the prospect of taking it private, the next question is at what price ?????

2.5billion market cap = £ 2.05
3.0billion market cap = £ 2.46
3.5 billion market cap = £ 2.87
4.0 billion market cap = £ 3.28

Etc etc etc

Is he hoping the spectre of going private will prompt a more realistic Market Valuation and Burn ?? the shorterd

£ 2.73

"more than half of the business is owned by me and a few people that I'm close with" - that's a not so thinly veiled threat.

Thanks for the reply @Mondo.

Just edgy, not bailing.

Higher Volumes = Falling price over the last few weeks, so was expecting when the volumes returned to normal (4m) normal market activity would return.

I'm in here for the long haul, as long as it takes.

I'm balls deep in THG @ avg £2.14 and today is the first time I'm feeling edgy.

Good day today for online retail Boohoo +6%, ASOS +5% and low volumes of THG stock being traded and still -1%.

Things just aren't tallying at the minute

Found this from tradingeconomics.com

Iron ore prices refer to Iron Ore Fine China Import 62 percent grade Spot Cost and Freight for the delivery at the Chinese port of Tianjin. Is used to make steel for infrastructure and other construction projects. The biggest producers of iron ore are China, Australia and Brazil. Others include India, Russia, Ukraine and South Africa

So from that I'm assuming $119.7 is delivered to Tianjin, and the Australian media figure of "above $100" is the Spot Price.

Hope this helps,

Marek