Member Info for Rock8

Difficult to work out who benefits as the selling across two days was just designed to inflict maximum damage rather than get the highest exit price?

The avalanche of selling this morning was incredible.

Forget buy/sell volumes as the data is garbage.

Virtually all selling until this afternoon when a buyer turned up!

Matt said on conference call that he did not think things would improve until Q2 2025

We clearly had a huge seller.

Whether it's genuine selling for shorts adding I don't have a clue.

At some pont it will be over.

If they sell any THG shares now they lose NewCo opinion for shares.

Some brokers have even removed what they THINK will be new co shares from accounts.

But that’s nonsense if people sell any shares before deal implemented.

I really think the market is confused.

Many think it’s trading ex dividend/ex rights but it’s not.

Needs clarification or suspension until the demerger is implemented.

So anyone that sold today their THG shares also lost their right to ALL their right to Ingenuity (b class) shares - they sold them at the same time.

Yep makes sense.

Thanks

I thought the b class were just the raising?

I hope you’re right

That’s the other explanation?

Correct

True

No support

No one bought into the the falls

Of this fall as no one really understands it and what has happened?

Matts late night RNS didn’t help just adding to confusion

Down 5% only on 800k shares.?

Assume shorts automatically increase now if they do nothing as less shares in circulation?

Someone bullish just over 2.1m shares offered on the sell side at 69p!

Correct they can’t be held in an ISA

I received this from HL

“….. Important Information for ISA holders

As Ingenuity shares will not be listed on an exchange, they will not meet the HMRC rules to be held within a Stocks & Shares ISA and therefore will need to be removed from the Stocks & Shares ISA within 30 days of receipt. If you hold THG shares in your Stocks & Shares ISA and you elect to receive Ingenuity shares we will contact you again once you have received the new shares.”

Someone bought 500k in a wedge that’s conviction