- No press releases in May (usually 3-4 press releases per month)
- No divided payout (why bother paying a dividend when you’re selling the company?)
- Disposing of their 50% stake in the Whitgift Centre.
The Croydon shopping centre could be considered more of a “liability” than an “asset” to potential buyers. Makes more sense to sell their stake and take the £70m.
Hammerson is still one of the most shorted FTSE stocks so if a buyout is announced things could get interesting.
Why they refusing to buy more shares at these dirt cheap prices? Must be scared to trigger a squeeze? Let’s hope Lighthouse takes this stock over and fire corrupt management, probably in the pockets of hedgies
Are we going to be bag holding this stock for a while? What stocks are driving the share price down? Tesla? MRNA seems to be a good investment if this cancer vaccine takes off?
It’s just hedge funds and their corrupt institutional pals selling back and forth to each other to sink the share price lower. GME apes sometimes refer to this a “short ladder attack”. Nothing much we can do in the short term except BUY and HOLD. Fundamentals will win in the long run and management knows this.