Yet again buys versus sells 3:2 with a similar trend over last 4/5 trading days. There can only be so long the MMs keep the price down if there are not enough willing sellers. It also indicates someone is accuulating
If it is fund (s) selling then could it be Ashley accumulating? Not many mentioning him here but he surely does not want to sit tight with his holding under-water doing nothing - he surely has a strategy
For a second day buys outweigh sells this time by 3:2 and yet we are down. As stated yesterday if that continues then the price can only go higher (at least I take comfort from that)
Carving out a loss-making cash burning division is a different proposition to a wholesale take-private. Ashley, QIA, Sofina etc will all have a significant say in that meaning he won't be able to steal anything
RE: It must be tempting to take Remainco private27 Feb 2025 15:36
1.6m buys compared to 1.4m sells today - has not been that way round all week. presumably there will therefore be a limit on the value the MMs can take this down to just by virtue of the laws of supply and demand
Also - 5 Feb Ashley went over the 5% threshold so by now will be a bit underwater here. Whats his strategy? Why does not come in and grab a bigger stake while he can?
More shares bought than sold pretty much all day which is different to every other day this week. Seems odd that it is down and there are still folks selling at this level??
Fore the first time this week buys outnumber sells by 2x and yet we are down - seems strange? On the other hand good that the pendulum seems to be swinging
RE: New Short Friday - sharepoint26 Feb 2025 08:12
Knot - when you refer to Estate Agent commissions that misses the point does it not? The crux of the case here is about commissions that were paid to dealers that were not disclosed to the purchaser. As far as I am aware estate agents agree the % cut they get when they prepare particulars?
According to the LSE the mkt cap of THG is £474.89m as of now. According to the LSE list of constituents there are currently 18 companies with a market cap smaller than this. So from that perspective THG should get in. I guess another question is how many other THG's are there knocking on the door which means we do not make it? Seems likely to me that THG does get in at which point all the MM / short shenanigans presumably come to a stop
RE: Liking the 140p Jeffries recent reiteration BUY13 Feb 2025 12:37
Market waking up to positive turnaround story? volumes not particularly heavy but share now at 7 month high - would be nice to see this take the next leg up pat 80p
It is a long way back for THG but this is a profit making company without a cash hungry tech white elephant attached to it. with a 550m mkt cap its highly vulnerable to a takeout
According to my broker who was not able to support the ingenuity shares, bonus share will be issued in Remainco at a rate "yet to be confirmed". Assume would be the same if you elected not to take them if you had the choice