Member Info for Markshares

I think greed is driving people to be buying now, the news is so fresh that I would take a back seat and watch for a few weeks and see what happens. Better to buy at 10p more with lower risk, than buy now and risk a fall to 200 or lower?

But the whole point is the drop isn't based on pwc leaving, it's all the corruption and crime behind boohoo supply chain and the concern that boohoo either knew about it or will b heavily affected by it, both in the supply chain and in PR. Pwc not tendering suggests there IS more to it than we know so far, and that's the reason for the drop, not just the fact the auditor will change!

Jackin, shouldn't people be free to discuss pros and cons and concerns? Your suggestion serves just to muffle debate.

Im guessing the only extra bad news that could come would be the possibility that Boo knew about it and did nothing, or one step further: were/are doing it themselves or any of the board owned part of the companies involved.

So Wales going back in to full lockdown, massive news and will no doubt scare the market. Pharma's the safe haven right now and the only silver lining is the vivid spotlight is back on full brightness and no doubt good news for all the stocks with a finger in the Corona pie

Do you really think this is the end of the news though? Just going to go away now? The longer the media articles go on, the bigger the fall then god forbid Boohoo begins to look complicit in any of it! You'll have a mass exodus and private investors will be the last to leave. I'm waiting to see if TR1s follow and if any of the shorts increase

This is *really* about the auditors though, is it? It's the fact that crime is rife in their Leicester supply chain and the implication that boohoo just HAD to know something about it, and if they didn't, why not?

That's the background worry and then you have pwc not retendering and it begins to look like a reality. Influencers, advertiser's, sellers, institutional investors, etc don't want to be associated with this sort of rubbish so expect selling and statements saying they will distance themselves until "the full story is known". Can only see bad news to come over the next few weeks, as I already said a couple of weeks ago and it is proving true today

Bruce, think how much boo is worth to pwc and they are not even bidding on an existing client. What innocent reason do you think pwc aren't tendering?

Coat it how you want, they are making the active decision not to be auditors again, it's as good as a resignation.

The problem is a lot of people will think there's no smoke without fire and that boohoo couldn't possibly have been totally oblivious to everything if the crime is so well spread and this means reputable companies just can't be associated with them right now and all the way until the belief is everything has been completely tidied up. It means auditors leaving and institutions selling out.

A lot of blinkered views here. Don't you think it's quite worrying that pwc are not bidding again?!

I just want to know what a one trip pony is

Depends on the specifics of it, but 50p sound too optimistic for my liking, I'd say 35-40p but there is potential for a deal to be far more stratospheric than any of us are thinking

Ticking back up, will buy far larger sizes within range than they will sell, 25k+ costs a premium to current ask.

Just really keen to know who the large block buys have been buy, praying we get a holdings RNS at 5pm today or monday morning.

Surprised Gilead only down 1-2% on that news

Not everyone follows the news instantly or checks these boards much/at all and larger buyers may ignore rumours entirely until something is in cold hard RNS form. Plus the 'news' this morning lacked all the details: How much will orph be paid? how many beds will they be given in the royal free? how long can they use it for? are OO allowed to make money at will from covid contracts in the second location? will covid trials be subsidised by gov? When exactly will trials start and when are we paid? etc etc etc

Absolutely foul how this company is run, no respectable company puts bad news at the foot of RNS and doens't mention it in the header. Then they go one step further and say "we bought a dud... we blame the sellers"

MMS don't speculate and don't hold for RNS

No, this one actually was a speeding ticket

Gone to auction now, +10% today?

Minimum order they'll take it 20,000