Member Info for Sir_Shortalot

Entered at 125p

When this finally break-outs out it will be violent.

Lots of shares not yet purchased by the MM's, hence the reason for the pin down.

I mean a pounding

You will need it

Wondering why it's not moved today?

SP frozen?

I would assume he has also bought some shares at this price

Seems like its being held down tbh. The news we have recently should have pushed this higher.

People focus on shorts, but they forget about shares "not yet purchased" by exchanges and by MM's. This is why I believe it is being held down.

The drop back to the 320's was a tree shake, 500-600 coming in a few weeks.

See if the Yanks buy in

Open on AJ Bell

Bought £20k at an average of £3.8, long term hold for me as this will recover of the next 12m to a decent value.

Pamp it!

£20k at £3.8, sold at £4.2 two weeks ago for a quick £3k profit and bought back. Should have waited longer for the £3.30 but never mind.

Supressing the SP for long periods will reduce retail holders, as retail like volatility and quick bounce backs. The number of comments on here daily has reduced massively which means people are starting to lose interest and sold, hence a good sign for an increase soon.

Free Cash Flow is the key. Return to profit, market offering and reduction in inventory will lead to a positive FCF. The rest is noise.

Cash flow is a Net debt of......not the total debt

Yes, it states an inventory reduction of £0.5b

*FCF not CFC

Looking at the trading the update.

FY22 - Net debt of £153m (including £130m stock write-off that could not sold on the ASOS website)

+80million in market offering

+130million recoup stock write-off

+40-60million profit for H2 FY23

CFC positive by next update?