RE: Failure to breach the 80p resistance level4 Dec 2023 21:16
It could be that they’ve bid and won as we already know through court documents, but maybe it’s not all been settled/paid for yet at which point they’ll be more upfront with the news?
Could be several reasons, but what we do know is, with all this talk about facts, FCF is positive per last results, nutrition has been expanding and he’s been indirectly investing in THG through Kelso. There is no actual negative news to speak of, so it’s a case of waiting for the news. Pretty chilled about it, SP keeps knocking on door of 80p, my mere opinion is that it will fly through it soon and for the right reasons rather than a cheap bid etc, but more on fundamentals.
GLA as always.