RE: MM linked in post.18 May 2023 13:05
All too many times @THG, and at many other companies, these press negative stories (however they may come about) and associated fugazy leads to cumulative deductions in the share price that get exaggerated and never fully given back. In consequence that is why you end up with such glaring discrepancies between share price / market cap and Sum of parts, it's why Active Investors hop onboard and ultimately why Bids and Offers get tabled.
Twice here already. A move back up to more realistic levels has to be on the cards or I suspect we won't have long to wait for 3rd time lucky
Last few years this has been a lucrative money conveyor belt for HF's, but now at such low pricing and with 2 bids in 2 years and at such low levels (Lower than the price of Ingenuity alone) investors who were previously spooked are sitting on their hands and rather than being pancicked into selling are actually calling out and questioning the source and motive of the scribings. Something that the journalist themselves should be doing.
This latest article seems to be having the opposite to its intended effect and like it or not, or its manner of delivery, that has been down to quickly refuting any claims.