RE: Market catch up30 Jun 2023 07:30
The minute the golden share was relinquished, MM has now called the bluff of all potential suitors. We've all pontificated and moaned for months on end about how the GS was terrible and preventing genuine approaches. Well, its put up or shut up time for all of these so-called activists and for MM too. If THG really did have multiple approaches (albeit informal) that smaller shareholders were not informed of, they should all be coming out of the woodwork again especially the positive recent trading update. It definitely feels like the final straight now either way - either there is a transaction of some sort or the THG business trades its way up to better valuation. No excuses now, good luck all.