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Nothing new in it, but good for publicity......imo
https://www.thetimes.co.uk/article/ba65c504-0ba2-11ee-947c-69265173b330?shareToken=f36f3c65e78df6bd6aa7c51f66ef060f
This is possible. Especially if he wishes to swoop in at an even lower price. But that would make the hedge funds very cross as they will need to buy back higher. Really can't see MA wanting to deliberately cross the hedge funds!
PI's have taken this up, next leg up will come when II's decide to get going and perhaps another when the US opens. This share has fallen so far so quickly on conjecture. Now we have the facts, and they are good, gradual movement up to at least £7 is on the cards. Sadly for me, this just returns me to break even. Glad I added over the last week and yesterday to get my average down. Anyone with an average of less than £5, is in a fabulous position. Hold tight folk, remember, let the good runners run! ATB.
This chat about MA buying 10% only so he can pick up the rest via administration is sheer nonsense.
Too many invested in AIM shares treat main listing the same way.
Big backers would not allow this scenario to play out. Games being played and media happy to lend a hand to spread fud. Imo.
No smoke without fire. Someone is feeding the news outlets. Only a matter of time before they emerge from the shadows and trigger a bidding war. Asos is severely weakened and they must sense blood. Imo of course.
This is stuff that happened 6 months ago but imo, there is a reason it's being dredged up. Perhaps the team behind the scorned offer, smell blood and are returning. No smoke without fire. This is the Sunday Times, not an online free unreliable source. I'm looking forward to Monday. Lots of sceptical out there, and this is fair given how far asos has fallen. But stranger things have happened. Atb
Whatever happens, it is clear to see the SP is disconnected from true value. The main shareholder remains supportive and will probably end up taking it private. Seems to me this has a wiff of ego battle between MA and him. Sit back and watch the drama play out. Imo and atb.
Not easy to see our investment decline but unless I see a clearly articulated reason why this has fallen so far, I will continue to drip feed in here.
I'm afraid a buyout at these ridiculous prices seems inevitable imo. Shame.
Easy way for 5hem to make money.
Not giving advice. I am happy to add steady amounts and will continue to drip feed here. Lord knows when inflection will happen, but imo it will. Buying when there is carnage has served me well. Clearly I don't think this company is going bust. If you do stay away of course.