Member Info for samb69

Could we finally have a blue day today?

Well, this is the year he needs to show improvement in numbers including sales.

He has been given the time to get rid of all that stock and write down everything..

Are you suggesting they won't be able to refinace the debt Oakhurst?

Would make so much sense for Zalando to take Asos.

However not sure they have the appetite as just took over About you for just over a billion euros. Povelson is a large shareholder at Zalando too.

Midas

It was my misunderstanding thinking that the put options don't count towards the 30% threshold. Just followed up and you are right, those options are considered an economic interest and would count towards the 30% threshold.

He's still at 23%. The other 5% are options which only convert if exercised.

Not really what we want.. Frasers selling more put options and Schroders selling.

Pretty sure will get an RNS soon of one of the Povelson/Frasers/Barker buying

Lets hope he takes it to 29 and merges it with Zalando at a reasonable price. Zalando had great results this morning.

This drop feels very similar to when It was went down before Povelson bought a whole load...

Shorts increased..

I'm not saying it's not possible but why the hell did Barker just spend 2M on shares at much higher prices if he knew a raise was in the pipeline soon?

Why would they need an equity raise now if they have £300m in cash?

Balance sheet says they have over 300M in cash so If correct the repayment of £73m shouldn't be a problem?

Hopefully no bad news has been leaked

Not even results day..

Come on Matt, time to bring out your mate McDonald with a bid to prop up the share price..

Looks like shorts reduced.. You would think Barker has a better view of the business and is not just taking a punt..

Up his Ass-os!

Https://www.theindustry.fashion/asos-builds-on-returns-overhaul-with-hybrid-virtual-try-on-launch/

Can't say they are not being proactive it trying to turn things around...