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Could we see a return to the 325p low before the Sept trading update? Quite possibly, the market may already be starting to feed into the SP a 'neutral' trading statement on sales and revenue figures, outlining the fact that whilst progress is being made on the turnaround, market conditions may result (if not dictate) the recovery taking longer than previously expected.

We could see a bounce in the SP to some extent before Christmas, however £10 price per share being quoted here now looks to be extremely optimistic.

It looks like we have a tree shake in progress, comments from Goldman's don't help and any potential buyers on the back of this could hang fire until the next update which is not far away. 350p could be a short term reference point from which the shares could pick up, although it's not going to be anytime soon.

ASOS coming off the intra-day high and profit taking could see a dip to around 430p p.s. at close of play.

Correct Rabnesbit.... any further fall would be an opportunity to buy. Retail Sales figures though have impacted on the sector in general , so may take more time to recover, but it will recover.

Some individual's are reading too much into posts and taking them out of context. One must remember market sentiment changes frequently, nevertheless ASOS remains a good long term play.

We have not seen the bottom of the downward pressure yet, I would expect 320-325p to be the range from where it will recover.

ASOS, SP likely to remain in the long grass until around early September and continue to trade in the 400-500p range. Good news in October should accelerate the recovery.

'significant' market interest is driving this forward

450p price level likely to be tested by mid-week

I think we should end this conversation, it's rather boring!

No doubt about it we will see intra-day price volatility in the SP, so we should expect to see around +/- 40p movements as the norm, however one must remember the trend is now upwards.

U.S. has opened positively on the major indexes, ASOS still in positive territory and set to bounce within the next week.

Consensus is the market will open higher today (U.S. stock futures). U.S. inflation figures will be out on Friday but expectation is the Fed may not increase interest rates any further. This should lead to a further bounce in the UK market later on today. ASOS likely to also benefit on a further uptick with 500p being tested within days.

Certainly has given a fillip to connected retailers in the Fraser portfolio, if you are not onboard the ASOS train there is a danger you may be left standing on the platform wondering how a (potentially) great investment opportunity has just passed you buy.

The 'herd' is assembling and now starting to move wrt. ASOS. Ascending above and beyond 400p is a key milestone, we could see significant uplift within days.

Good morning

ASOS has not even started to move yet, in the last 24 hours we have just see small 'ticks' upward in the SP. The 'Herd' has not yet moved in relation to ASOS, when it does it will move exceptionally fast (much faster than THD has done in recent weeks).

Pimm's will be available from mid-afternoon today!

ASOS is out of the long grass now and we should see the SP ticking up gradually over the remaining weeks in July.

The only guarantees in life are death and taxes.......sorry Matt

Agree that £15 would be a bargain for this company, although can see this SP going higher and that's within the next 12 months. Don't forget there are 3 big investors with substantial interests in the company and the turnaround plan is liked by the city. By Christmas, I cannot see it below £10....

It does not matter what age you are, worth taking a look at the website. For those who say I'm over 30 it's not for me it's for the young ones...I'm too old!! Think again you may be pleasantly surprised.

Back to business, we now have cleared the placement price and with another potential 4-5 heatwaves on the way retailers should do pretty well over the coming months.

Even though we are in a cost of living crisis consumers will still buy clothes especially if they can get a bargain, we have see in recent times positive comments from both Next, Primark and ASOS on the retail market. Specifically on ASOS, shorts positions are at a level we have not seen since Oct 2021, upside SP potential is massive.