Member Info for Rock8

He can’t buy shares neither can anyone else on the BOD.
It’s a closed period until April results

Directors can't buy shares

https://www.investingcube.com/the-hut-group-thg-share-price-oversold-amid-acquisition-rumours-shares/

Hope it was a buy but as off book it could be anything and could have from earlier?
Let's hope it was positive.

I didn’t mean to upset anyone but the share price is a measurement of the success of any PLC so something certainly has gone very wrong.

Thanks helpful article that fills in the blanks but one hell of a fall from grace!
Glad as an investor that I was in good company but what went wrong?
Encouraging yet sad.
But thanks

Correct
THG is a high beta stock anyway.
There certainly wasn’t a high enough movement in its share price to warrant any response from the company - not sure there ever would be given the volatility over the past 7 months.

Sorry but you need to understand the rules.
They would only issue an RNS in response to gossip if at that point a firm offer or a request for financial information beyond what was publicly available had been received.

Yes the article is vague when it quotes informed sources as you would expect.
But it’s also very clear that Advant have appointed a team to do the due diligence.
That’s when THG open the books - that’s the first RNS.
The second RNS is where a bid has materialised or not?

Oddly I think the problem at the moment is the shorts don’t understand the process.
No RNS yet means nothing until it happens - when THG open up their books.
betaville suggests that announcement is imminent - if you believe Friday’s report of course.

…….. As traders though we want to know what to do next? The answer being that we’ve got to make a calculation here. Leave aside – because the action is going to be in the short term – the performance of the underlying business of The Hut Group. As we’ve said that’s not too bad but that’s obscured by it previously being overvalued. Shares in THG are going to be valued, in this short term, according to news or not of those private equity barons having a look at THG.
If they walk away then there’s more downside to come. Not, particularly, because the company itself is bad, but because of sentiment. If private equity won’t take it at these low prices then why should we as outside investors? If they decide to take another step though, then there’s likely to be another jump in the THG share price.
If even an approach to make an offer – and so get to see the management books, not just the public stock market information – were made then there would have to be an announcement about that. At which point we’d see another jump in the THG share price.
That’s what the trade is – a private equity approach for THG is going to materialise or not?

Https://www.asktraders.com/analysis/the-hut-group-bounces-on-private-equity-interest/

Once THG open their books to anyone from the outside they will have to issue an RNS.
That is the point of disclosure - Not before.
Assuming there isn’t a speculative bid which I believe is extremely unlikely at this point given all the leaks.

Friday’s betavilla article suggests that the team to examine the books and produce a report has been assembled.
But no sure timeline yet.

From 7th Feb but clarifies the likely process.
Https://www.asktraders.com/analysis/the-hut-group-bounces-on-private-equity-interest/

No this was never in the article
“Based on last months Crest data there are potentially 85m shares sold short, way above the reported threshold of 1% or so. Its important to note this is the number marked as out on loan which doesn't necessarily mean they have been sold, however recent market volatility suggests there is a lot more than the 1% or so declared.”
I was asking for clarification as to where this comes from?
Sunday Telegraph article is as it was last night.

I assume you are referring to an earlier Telegraph article?
Nothing about that in today’s article.

Let’s hope one of the Sunday Papers reports the betaville update issued 1442 on Friday
I assume this report was responsible for the short spike up at around the same time.
Sure posted earlier but just in case
Https://twitter.com/manxmarkets/status/1494724569126645777
Https://betaville.co.uk/betaville-intelligence/uncooked-alert-thg-said-to-part-8/

Https://www.heraldscotland.com/business_hq/19936649.colin-mclean-can-investors-tell-new-firms-stock-market-valued-highly/

what's your price target?

Two large off book trades (pre-negotiated and no time/date) - only registered at LSE this afternoon.
Absolutely meaningless.