Member Info for samb69

The trouble is now that floor used to be around 3.30 previously. Even, If it went back up to £4 no one is going to be tempted if it then fell back to 3.30 as we have seen it has been much lower. They need to post some really good numbers to get any confidence back.

Looks like this is going to 250p the way things are drifting downwards every day. Hope that's the floor!

From last RNS

"ASOS re-iterates all other FY25 and medium-term guidance" So hopefully no worse than that. However headlines not going to look good with 190M write-off coming.

Ashley bought more after that RNS .. not that it means anything for the short term share price.

That volume is buys and sells. Buys outnumbered sell volume. No sells of any notable size again that I can see.

This just dropped of a cliff once US markets opened.

Looks like one short also reduced on Friday .

This has dropped 30/35% over the last few weeks which is massive drop on no news.

This is Asos specific .. nothing to do with stock market correction

Anyone got a good explanation of the drop today with the trade data? Baffling to me..

Something fishy here. Again volumes are small. More buys than sells. No large sells that I can see.

Is someone using derivatives to lower the price?

While the share price performance and general market weakness over the last month has been disappointing, we continue to focus on long-term value creation for our shareholders.

In line with our bi-annual reporting cycle, our next update will be HY results (date to be confirmed in due course). We are currently in quiet-period ahead of HY results and have not provided any update to guidance since the ad hoc announcement on 15th January.

Jordi

Of that 58k, more buys than sells and all the transactions look small.

Old news moniman

I've been topping up small amounts every 10p drop from 320p. Having looked at the trade data I've not seen any large sells going through to suggest a big holder is reducing. I'm not sure what's going on to cause this drop.

Started by our very own SteveScott!

Can't see any big sells going through which makes it even more baffling. Maybe more worrying that Ashley or Camelot have not bought more at these levels given they had been at much higher

I would have thought that tracker funds would be having to buy Asos now that it's joined Ftse 250?

Could this drop have been some sort of ploy to get the shares down so that they buy in cheaply? I'm at a loss of why the massive drop without any sales volume.

Apart from the likes of Shein taking market share, the main issue has been the bright idea of a £1.1 billion stock mountain since 2022 which they couldn't shift...

Not that it means anything for the share price:

https://www.londondaily.news/asos-and-primark-are-most-talked-about-fashion-brands-on-uk-social-media/

Hardly any significant volume of shares sold so how does it drop so much?

Not sure what's going on here? The trade data doesn't show an significant sales volume. Any explanation?

Hopefully, now that it's touched 300p its onwards and upwards. Has anyone seen big sells go through recently or is this a case of no liquidity and dropping on constant small sells?

The good news is that Ocado, Boohoo etcs are also down so hopefully not Asos specific issue..