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If the rapidly decreasing shorts have used todays opportunity to close and exit completely. Fortuitously

Was thinking the same.

Equivalent of a MyProtein Meat Feast pizza being laid on the plate for them.

Surprising dip today after good volume yesterday and the start this morning. Thought yesterdays update was well recieved, even without an exact profit number.

Any idea why the dip today?

From Kelso

"Matthew Moulding, the CEO and founder of THG, has consistently tried to explain the true value of the nutritional business. In addition, the food and beverage companies we refer to above have vast offline global distribution networks that could significantly increase the offline sales of MyProtein. In return, we strongly believe, that MyProtein's direct to consumer digital model would be highly attractive to many of these companies.



Any forthcoming offers for THG as a whole must clearly reflect this underlying value and in the event that an acceptable offer is not forthcoming then a separation of MyProtein should be considered, alongside a potential partnership and minority investment from companies such as those highlighted. Kelso believes that THG's nutritional business is likely ultimately to end up being owned by one of the large global food and beverage companies, all of which have already begun investing in nutritional, wellness and healthier assets to improve the mix of their sales between nutrition and chocolate or sugar products. All those transactions again support Kelso's sum of the parts view of THG."

https://www.lse.co.uk/rns/KLSO/update-on-thg-investment-and-placing-9mhuxm0qoa2vt6j.html

You are probably correct B1nky. That said it presented an unbelievable buying opportunity for the likes of Sparta, Kelso, Brian George Kennedy, West Coast Capital. next few days should let us see who if any of them topped up.

Worth reading and viewing the video at the bottom

https://www.linkedin.com/posts/matthew-moulding_in-the-words-of-alanis-morissette-isnt-activity-7054132342482718720-0XO4?trk=public_profile_share_view

Has hardly even blinked an eyelid over there and any % fall is contained within the spread.

Did try to buy over there at 3.2p and it was negotiated trade.

Hosai I checked Bloomberg twice after this was first mentioned as I have it on my favourites and there was no other article to be seen.

I am absolutely flabbergasted that 3 lines on a twitter feed led to all the FUD we have seen on here and a 30% fall.

Just simply astonishing.

Thanks for posting the source Hosai. Puts paid to all those stating deals off.

City Spy quoted £3.87 Billion on twitter yesterday and the share price didn't move to 250p

Not even an article, a twitter post of a few lines. Simply astonishing.

Deal is very much still on until we hear otherwise.

A mute point some will no doubt realise when its back in the 110p to 116p range.

I think more were probably picking up stock and the FUD spreaders re-buying to then fall silent.

Personally I think there is still a lot of opportunity in the present price.

Formal tabled bid will have to be far hoigher than this and you don't bring in ex-key City and Holland and Barratt staff unless you are serious about tabling an offer.

Polishcap,

I'm just talking by the end of today.

No factual reason for the fall.

As things stand right now, when you look back on things at the close of play today then you'll realise there was no substance justifying any fall.

Hopefully Kelso took the opportunity on the drop to sink the £3 Million monies they have just raised.

Looks like thats where we are headed.

Don't be surprised if it gets back to 116p

Then Citigroup, Barclays and a few others publish another set of Form 8's saying they have bought and gone long.

The deal is still on until we are told otherwise.

Bulletin Boards and press are full of opinion. What matters though are facts.

Seperate facts from opinion and always revert back to the last known situation if you encounter a treeshake or a share price move based on opinion.

That's just how I see it.

Sky was the last one. Same media source that got the Farr appointmnet absolutely spot on.

https://news.sky.com/story/former-coty-ceo-puts-gloss-on-apollo-bid-for-beauty-retailer-thg-12871291

You'll probably find it ends at evens for the day around 116p.

Deal in facts Not opinion.

It wasn't a tree shake it was FUD off the back of Bloomberg opinion. Note "opinion"

Bid is still on until you officially hear otherwise.

Two Matt Moulding posts relevant "Overfishing" and the "Pond Scum" one.

Imo it should only strengthen his resolve to get a deal done and to get off the LSE.

https://www.linkedin.com/posts/matthew-moulding_in-the-words-of-alanis-morissette-isnt-activity-7054132342482718720-0XO4?trk=public_profile_share_view

Until we officially hear otherwise.

If the market wishes to move the share price 30% on what Bloomberg think the outcome might be then that just about sums up Matt Moulding "Overfishing" and "Pond Scum" linkedin posts.

Sky said 2 Industry decent hitters had been hired to advise Apollo on tabling a formal offer.