Member Info for Midastouch2015

Just to clarify, If his Total Interest hits 30% through Sold Put Options, he is in the danger zone, but he doesn't have to launch the offer until he acquires more Voting Rights , true that. Mike Ashley is playing a 4D chess move. He’s at 28.42% total interest because it lets him block any rival takeover without triggering the Rule 9 Mandatory Offer yet. The Rule 9 bid only triggers when his Voting Rights hit 30%. By holding 5.1% in put options, he’s effectively 'accrued' the shares but left them in the garage. The moment he brings them into the driveway, the 30% trigger hits and he has to make an all-cash bid for the company. He’s not avoiding the offer; he’s timing it. He doesn't have to offer yet, but he has built a position that makes it almost impossible for anyone else to buy ASOS. He is the kingmaker now. He doesn't have to offer yet, but he has built a position that makes it almost impossible for anyone else to buy ASOS. He is the kingmaker now.

Just to sum up , Mike Ashley is sitting at 28.42%. He is only 1.58% away from having a total stake that makes him the "owner in waiting".

You are right about one thing, but completely missing the bigger picture of the RNS released 5 hours ago. Frasers crossed a new threshold on March 11 and notified the market today. While the direct voting shares are at 23.32%, the Total Holding is now 28.42% once you include the 5.1% in financial instruments. This officially puts Mike Ashley's interest ahead of Bestseller's 28%. He isn't just 'holding options'; he's building a 28%+ blockade.

In the UK, the Takeover Code (Rule 8) doesn't just count physical shares. It counts 'Interests in Securities,' which explicitly includes derivatives like Sold Put Options. The RNS from 7 AM this morning (March 13) specifically combines his 23.32% direct stake and his 5.10% in financial instruments for a Total Interest of 28.42%. If he didn't have to count that 5%, he wouldn't be legally required to disclose it in a TR-1 Major Holdings form. The fact that it's on the official RNS means it counts toward his total blockade of the companY.

In the UK, if a shareholder hits 30%, they are legally forced to make a mandatory takeover bid. Mike Ashley is now just 1.58% away from that trigger point

A Non-Executive Director (and one of the wealthiest people in the UK), just bought 910,698 shares via Apple III Limited.He spent £1,838,657.37 at a price of 201.9p per share on March 11.Massive "insider buying" like this usually indicates that the people running the company think the stock is incredibly undervalued. Interesting

Gary, aka Warren Buffett. You don’t need to tell us in every second post how much oil is or about your “golden tactics,” or that you bought at 1002 and sold at 1000. We know how to read

I know you’re trying to sound professional and like you actually know what you’re doing, but it’s unnecessary and a bit cringe. I don’t even know you, yet I feel embarrassed for you in front of others. Just stop😂

He doesn’t even know the difference between the two.

98. What you talking about. Lowest was 95. Your demo account malfunction

This means that even after the first 5% was secured, they went back into the market on Monday to buy an additional 1.3 million shares while the price was crashing toward 900p. you think the Causeway news is old, look closer. They just reported an increase from 5.04% to 6.29%.

This David Kov must have been really hurt. Either his wife cheated on him with a Wizz Air employee or he lost all his savings in Wizz Air. Even his nickname sounds Slovak or Hungarian.

I would be upset too if I worked all my life in a dildo factory just to lose everything on Wizz Air.

I’ve unfortunately been watching his posts for a while now and I honestly don’t know what to think. It seems like a very disturbed individual. How sad must your life be to spend so much energy deramping and writing this kind of nonsense? It’s unbelievable.

You really need to relax and start prioritising your life, my man. I’m being serious now. What would you even do if they stopped trading? Would you just find another share to focus on or something else?

Honestly, you should seek some help

I meant to add that on another forum anyway, where there is just hate. Now I’m the one spamming. 🙂

there is a difference between free speech and bull**** but anyway

We are all here to make informed decisions, but that's impossible when 90% of the posts are just emotional reactions. Constant spamming and silly arguments over things that don't affect the bottom line only serve to bury the actual research. Before hitting 'post,' ask yourself if your comment adds any new information or if it’s just filler. Let’s keep the board clean so we can actually track the institutional moves and RNS updates that matter

Let’s stop the guessing games and look at the actual liquidity trap. As of today, Wizz Air is the #1 most shorted stock in the UK at 13.57%. With an average daily volume of 2.2m shares, the Days to Cover (DTC) is now 6.35 days. This means that if every single person who sold Wizz Air short tried to get out today, they would have to buy every single share traded on the London Stock Exchange for the next 6 and a half days just to get back to zero.

Pzena and Causeway just bought 10% of the company. Indigo Partners owns another 14.2%. Those shares are "locked up" they aren't for sale. This means the actual available supply is much lower, and the real time to cover is likely closer to 10+ days.

This is a massive 'coiled spring.' Every day the price stays above 900p, it costs the shorters money in interest (borrowing fees). With Pzena and Causeway having just locked up 10% of the float, there isn't enough supply for the shorters to exit without causing a vertical price spike. The math says this isn't a slow recovery, it's a powder keg.

Shaky? Are you looking at the sane share? Mr Polish

They aren't closing because they’re playing chicken with the big funds. But look at the math: total shorts are at 13.57%, and we now have Pzena and Causeway locking up 10% of the register in a single week. Shorters don't close 'on news' they close when they get a margin call or the price snaps their stop-losses. Once the shorters realise they can't drive this below 840p, the scramble for the exit will be historic.

Some of these shorts aren't "bets" on the company failing, they are "hedges" used by big banks to protect other investments in the travel sector. Many of these hedge funds opened their positions right before the March 4 profit warning. They are likely "in the green" right now and are waiting to see if oil stays above $100 before they decide to lock in their prof

With the shorters now facing a register that is 24.2% locked up by Indigo (14.2%), Pzena (5%), and Causeway (5%), the available 'float' is disappearing. The short squeeze isn't just a theory anymore ,it’s a math problem the bears can't solve

The TR-1 that just hit for Pzena Investment Management is a massive bull signal for anyone paying attention. Pzena, a $60 billion New York value fund, didn't just 'buy some shares'; they strategically locked up 5.004% of the entire company (over 5.1 million shares) right as the profit warning was being priced in. Between Pzena (5%), Causeway Capital (5%), and Indigo Partners (14.2%), nearly a quarter of the company is now held by diamond-handed institutions who aren't bothered by a temporary oil spike. While retail is distracted by the noise, the world's most sophisticated value hunters are quietly building a fortress around the 900p level. We saw 10.4 million shares trade during the panic last week that wasn't a dump, it was a 'changing of the guard' from weak retail hands to institutional giants. Once oil stabilises and the short cover begins, the lack of available shares means this price won't just walk back up ,it's going to sprint."

Yiu are holding alongside a multi-billion dollar fund that just spent roughly £48 million to sit next to you at this price.

You forgot to mention itv mate

Only zero I see here is you. Talk of a 'Big Fat Zero' or bankruptcy is pure noise. Wizz Air is currently sitting on €1.98 billion in cash, having recently strengthened its liquidity position by 14%. Even with the Middle East crisis hitting profits by an estimated €50 million, that represents only 2.5% of their total cash pile. The company is also 83% hedged on fuel for the current year, meaning today’s Brent Crude spike to $119 doesn't hit their bottom line nearly as hard as the bears want you to think. You don't go bankrupt with €2 billion in the bank and 83% of your biggest cost already locked in. Get lost my friend

Thank you sherlock