Member Info for Offshore5000

I'm expecting MM's to take this into the 5.50 - 6.00 range within early trading, with a finish around 6.00p
Thereafter, I think we could see a fall over around 5% per day for the next week........

Valid point there Neil......

Had enough now for today)....grabbing a beer @ 4!

# Trades 245
Vol. Sold 2,257,694
Sold Value £161,417.32
Vol. Bought 2,267,954
Bought Value £161,831.62
PE Ratio -0.911
Earnings -7.90
Dividend 0.00
Yield 0.00%

Diff: is £414.30!!!!!.........between buy's and sell's values. Hence 8%+ drop

Literally only a few thousand pounds different between value of purchases and sales, yet down just over 8%........MM's playing games again! There is no correct price in this share at the moment........

Yes, and the final sentence from the CEO, does give some comfort:

"we are confident that MADE has a strong brand, an excellent product range and a large and loyal customer base across the UK and Europe"

I think the lack of movement is down to the fact there is not yet any concrete news in the public domain......consequently MM's don't really know how to give the shares 'fair value' at the moment and are therefore being very cautious, hence the intra-day 'U' shaped curves we are seeing.....

Sounds like comments from someone who has had their fingers burned on trading shares........

Another day on the 'Made' SP roller coaster....

GLA

SP is 'very odd' following the news and that's an understatement...........can see this falling back to just below Friday's close as well......'yes' a loss on the day!!!!

No reason why we won't see a pick-up in the price in the afternoon trading session.....don't forget it's only just gone 10 a.m. we are not even 1/2 way through the trading day yet and news needs to circulate....

Great start, the 7 a.m. RNS said exactly what we wanted it to say at this stage....

Someone mentioned the 'cash injection' that would be needed - well this could vary depending on whether a similar market player acquires the company, i.e. if they trade in a similar market then economies of scale could significantly reduce the amount required.

Well it's good to see the SP increase we are seeing now with only 1/2 hour of normal trading hours left......could be an exciting week next week. Article(s) in the press commenting on a potential bidding process is nearing conclusion - cannot do any harm!

Yes, the price will shoot up within minutes.......!!

Can someone confirm i'm seeing this correct......there are more purchases than sales today and yet we are down almost 10%

Very strange we are seeing prices at this level bearing in mind we are pending news of a takeover............

Good luck all...it's a terrible market we are in at the moment

Will they slump again next week? | Shares Magazine

https://www.sharesmagazine.co.uk/news/shares/asos-shares-are-down-almost-80-year-to-date-will-they-slump-again-next-week

Jonnie - If the share price is around 510p now........what's to stop it going to 250p before any recovery. However, you may need to consider it may never reach £25 or above again.

Will start to look into buying around 450p as a recovery play.......

Jarv - I think there is some truth in that comment re: shorts closing, certainly they are bound to be nervous of the shares motoring ahead.......and not being able to make a profit on their trades.
On target price, everyone will have their own agenda on what price will suit their circumstances. 'Recent' regulars to this board though I imagine are either 'newish' investors or have reduced their b/e point over the last few weeks to make 30p or under somewhat profitable......
The SP at the moment though, really bears no resemblance as to what we will see within the next 2 weeks...
GLA