Member Info for schlemiel

90's gonna go 'ere

NM

Bsll

I was just gonna state the same point

Spoke to soon

Market still bidding for size according to fill and kill

Interesting perspective from Hades1 on ADveeFN on the current order book in THG :

'I have no idea what is going on with these shares at the moment but the spreads, indicated pricing and availability in the market is extremely unusual. Many are blaming it on market makers but THG is a SETS share so that’s just not true. The problem is SETS can not set accurate pricing as there aren’t enough real bids/offers in the market - just fake ones.

Even using algorithms doesn’t work as they need the SETS offers/bids/volumes need to be real for algorithms to operate correctly.

At times the only trades are all Off Book trades with no transparency or accuracy of reporting.

Let’s hope we get clarity on what is happening next soon.

My only theory at the moment is that shorts are trying to close off book and delaying their reporting as they are allowed to do with off book trades.

Likely using all exchanges and broker dark pools.

That could also explain the real liquidity (the shares) being drained out of the SETS book.

That might also explain why IG are forcing their clients to close positions and refusing new money - Helping short hedge funds to close quickly and cheaply?

Time will tell.'

Havinthelasttoast - 07 Jul 2023 - 13:41:59 - 50039 of 50043 The Hut Group - THG

BREAKING NEWS

IG have stopped taking bets again.

They did it recently and the share has rose over 20p since. Things seemed to have calmed down but there is a lot of speculation what Matt is up to. This morning IG index have stopped bets. When this happens we have had a 100 percent success rate that the share has moved at least 25 percent and 50 percent of the time was before major news announced.

Dyor.

Lay your bets

Binky

I bet you're a barrel of laughs at a party....one to avoid

Price is looking positive, thank god

First thing, continuin' yesterday's falls..hold tight

Https://twitter.com/SCSWSharewatch/status/1676489980674277378

2p

Oh I see, I get confused as to newbie to THG and small brain!

thanks

Where's Sherlock Houses when you need him?

Nm

That's new news so yes, MM's sold it

nice find..

let's see what happens next

Binky

the wider market is somewhat muted and has been for a few months away so takeovers etc come out of the blue rather than rumours being acted upon which is the way things used to happen before 2008. nowadays the market wants to see evidence not rumour so I'd hardly expect any stock to rise on rumour, it's not the way these days....

Poor day all round

no doubt stop losses triggered and shorts smelling blood

Https://www.sharecafe.com.au/2023/07/06/tamboran-resources-asxtbn-signs-lng-mous-with-bp-and-shell/

Paul Sanger: Joel, let's move on to the Amungee 2H flow rates and forward program. The initial results, you're quoted as saying, were highly encouraging, but you did encounter, identify an issue with regard to a potential skin inhibiting gas and water flow. Firstly, what exactly does this mean? And, secondly, is there a quick fix to the issue at hand?

Joel Riddle: To start with first principles, the definition of "skin" is essentially a non-permeable barrier between the rock formation and the wellbore. And so this is a very normal thing that you see, particularly in early-stage shale development, where you could have an incompatibility between the fluid system that was used for the completion potentially being incompatible with the rock. And so the good news is that we've had fluids analysed by a very high-end laboratory in Odessa, Texas. This is a laboratory that has looked at essentially every shale well from every shale basin in the US, and they've done some very in-depth analysis that suggests that this skin can be treated. And we're very hopeful that, once treated, this well will clean up, and we hope to have a 30-day IP (initial production) that we can report to market some time in the second half of this year.'

https://www.sharecafe.com.au/2023/07/06/tamboran-resources-asxtbn-signs-lng-mous-with-bp-and-shell/

I don't 'get' the ASOS/BOO comparison with THG. One of the biggest concern with online clothes retailers is returns, returns is the Achilles Heel. THG doesn't have that problem, nothing they sell is ever returned