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No it isn't, nothing will happen until it delists at the end of April, you'll just have to sit tight like the rest of us..
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? 🤔
Who knows?
A more sensible thing to say is we all agree a company valued at £80 million just over a week ago doesn't deserve to fall by 80% just because it decides to delist from the dysfunctional AIM exchange especially after landing the Jazz Pharmaceutical deal?
Saying thing are going to pop isn't exactly what I would call a research note is it? It's the sort of thing a 16 year old would say to his mates in the park. GLA
Stop ramping, it won't make anyone else buy your shares..this is not a ramping society.
Why don't you just read the RNS. They've already got 84% backing of the votes needed to delist..!
Nothing is happening with West Newton, nothing is happening with Colle Santo (the only two commercial assets left) all other assets have beeb written off as non core according to the last update...the two 🤡 🤡 running the show appear to be using the Shell proceeds to pay themselves huge salaries with no returns to LTH's. I think that just about sums up the situation here. JMO ADYOR!!!
What's delisting got to do with £135k buy? The buyer will just hold the shares exactly the same as before but not in an ISA..
Stop ramping guys, this is going to delist, then the value will come to shareholders imho.
Is it time to press the demerger RNS..? That what Kelso believes will bring a realistic valuation for the company and all of its shareholders.
https://www.lse.co.uk/rns/update-on-thg-investment-8ed3mbr3yyxu6la.html
This is one of the key statements I took from the results...... how much is My Protein worth as a spin- off? Exactly what Kelso are looking for the company to do at some point and why is MM and his pal buying into Kelso, I think MM now has 10% of the shares in Kelso?
........"D2C brand Myprotein is the world's largest online sports nutrition brand, now spanning performance and wellness. The market is underpinned by prominent tailwinds as health and wellness becomes an increasingly integral part of consumer lifestyles, with ecommerce becoming the winning channel due to breadth of range, convenience and advice."........
JMO ADYOR!
Results seem to show business is consolidating and concentrating on growing the profits rather than just volumes, overheads continue to fall as automation dramatically cuts staff numbers across the business. Any hint of nutrition being spun off will put this back over 100p in a jiffy. Kelso haven't gone away either so things could be going on behind the scenes that could drop any day. JMO Adyor!