Member Info for MickR

Beautiful short covering day….long may it continue.

donotpanic,

The risk reward is appalling. Cannot see a 50% move up, that is wishful thinking IMO. More chance of going under 10p then seeing 20p this week.

DYOR

Massive buying going on. Come on 40p. DYOR

Very suspicious lack of market to buy now. Could one of the other Wressle partners throw in a bid and take out EOG on the cheap at say 3p??

DYOR

5p and I am back in.

As I thought, we are getting to par with Boohoo. Will we overtake them today?

"The Company has entered into a non-binding letter of intent with a strategic investor ("Investor") under which, subject to contract, due diligence and other customary conditions, the Investor has agreed to subscribe for approximately 87 million Ordinary Shares at GBP £0.276 per Ordinary Share for gross proceeds of approximately GBP £24 million ($27 million) (the "Subscription")."

Non binding....subject to contract and so on, I also do not see the SI proceeding with this IMHO. Why pay 27.6p per share when they can buy at 15p today? If we receive news that the SI has walked, the SP could easily tank to below 10p in my view.

DYOR

Come on MM's!!!! Get the ask up so that I can buy.

And the price drops 10%. Hooe they get spiked if they dumped to trade elsewhere. Come on SO give us a bone today. Still have my eyes on 1.50p next few days.

DYOR

Spike was short lived?

SP is being held up by punters?

I am still looking at a 1.50p share price in the next few days.

DYOR

Looks like THG and BOO price will be at par today? People rotating shorts covering? I will start getting excited when THG goes back to 50p plus.

Come on MM.

DYOR

It is up as of 10 mins ago https://www.instagram.com/stories/matthew_moulding/2946859446473535406/

neil, has to be news driven...could be a leak as it has jumped so high. Bring on the 20p.

7.24 paid.....well done

The SP was 436p >>>> Today 32p.

£100,000 held at 436p is now £7,339 at 32p ....Gulp!

10% is conservative, THG is due a 20% rise to just catch up with Boohoo which is at 37p odd now.

Morning folks. Waiting for sub 5p as I said yesterday.

DYOR

Looks like it has bottomed out and could go back over 1.30p by close and perhaps 1.50p tomorrow. Seller looks out IMO.

DYOR