RE: Mike Ashley, Shein, Missguided18 Sep 2023 09:08
I can't see that happening personally but it's certainly an interesting siutation developing. Misguided to Shein, it might spark Shein on a spending spree and BOO isn't out of the question. Especially when Shein is valued at approximately $66B BOO is just a drop in the ocean for them at these levels and it would take out a big competitor.
Meanwhile, Ashley / Frasers have bought more shares in Frasers today. They seem to have bundles of cash to throw around right now.