RE: This just popped up.on Guardian website21 Dec 2022 08:32
Ste2000 I don't think they are treating shareholders with contempt. I just don't think they don't need to reply to every piece of imo debatable journalistic content and editorial comment. Same as they don't need to reply to every blog post on here. They have an ever expanding business to run in a competitive world, have already told us that its undervalued at last bids and bought substantial tranches of shares themselves.
It seems clear some entities are trying desperately to feed the journalists stories to try and influence the price, The Financial Times, Times and now the Guardian but when you actually drill down into the actual and factual content very little of it contains THG facts. Most of it is summation and innuendo. Market makers just sliding it with the stories and the spread to spread to bag a buck.
That's probably aided, yes frustratingly, by THG keeping their lips tightly sealed whilst expanding the business in a competitive environment full of snakes and vipers.
Its gone 79p to 52p recently on very little news of substance that hasn't attracted any real volume and all the while it is now back in the zone for approaches off previous bidders, moving closer to next update, breakeven and profitability in 2023 and 2024. Ticking clock all the time also for expiry of the Golden share.
If you are buying in stages just be grateful for the opportunities that the market keeps presenting and focus on others in the meantime.
Can't make my mind up whether or not to get into Home Reit prior to ex-dividend and suspension whilst the auditors double check the books against what they claim are spurious allegations.