Big vote of confidence in Redx by the CEO. I'm not sure why she bought the shares with her own money, surely she would have been better off awarding herself free shares or a zero value LTIP? Very unusual move don't you think 🤔?
No BooM for you day traders today I'm afraid, you'll just have to be patient and wait for the delisting on 30th April like the rest of us. Only then will the true value of Redx be realised once off AIM.
THG vs Ocado...until recently Ocado valued at circa £7 billion (now about £3 billion) with an annual turnover of nearly £3 billion on a margin circa 2.5% ...THG £2 billion sales on a margin circa 6%.. yet THG value at circa £760 million...doesn't make a lot of sense other than the institutions doesn't like MM one assumes? 🤔