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I think it will keep on the descending wedge stylee which we have found ourselves in since Jan. not forever though.. sooner or later we will break out to the upside and not look back.
Time to be buying is now not in 12-24 months when this is back at £15++ imo ;)
May I remind people that since 2001:-
FTSE all share up c80%
ASOS up 1316%
It's a tough time for the company and it's a bump in the road but the turnaround is progressing and it's gradually becoming stronger regardless of what the SP looks like right now :)
Wasn't that little windy.. nice top up GL :)
Obviously I say 'very good' in loose terms as the SP is diabolical lol.
Very good day in Sweden for a change, rubbing off over here. Must be something to do with the start of the court hearings...
Thanks
Pretty much the same Suzy, with a price of 5.4p instead of 5p.
Is there a court hearing today?
Haha yeah.. :/
I think if it's going to happen it'll be this year, otherwise it's likely the turnaround (if it goes to plan) will be well and truly beyond green shoots. Never say never I just think the time would be this year if it'll happen. Otherwise we will back making profit, growing revenues and sat at £15 a share 😉💪
I mean if the BOD were that confident of FY25 guidance and beyond in terms of the margins back to pre COVID, profitable and revenue growing business there would be absolutely no reason to sell this unless an offer was realistic not opportunistic. Share prices are in the gutter for a reason, they won't remain there..
It's not beyond the realms of possibility though it would have to be very good I feel for the bod to even consider and then disclose it as then it would mean they are serious. I don't see it myself but it's always lurking whilst the turnaround is ongoing..
Wow, scary how quick that has gone 😔..