Only 1 option IMO, MM has to take THG private22 Aug 2023 11:50
Everyone expecting MBO, with everything said by Moulding, and actions taken, no one would blame him, and equally should be suprised.
All other options remains being listed, and against everything he absolutely hates! In his own words "operating like you swimming through treacle"
Premium listing
Equity stake in 1 or more divisions
Sell a division
Seperate listings
US listing
Continue trading as is
With the passionate hatred and total discontempt he shows for the whole market machine (casino), i just cannot see anything other than delisting and going private.
Any other action will require him to stay listed, after repeatedly airing his views against thr LSE, just cannot see it, he not only hates everything about being listed, he hates it with a passion.
IMO When the time is right, bang, it's gone off the market. All the recent posts and his actions points to this, no one can still explain why he has suddenly sold ICON, what is he doing with all that cash and why he gave up the GS early after his Dubai trip! Or have people simply forgot those 2 crucial pieces of the jigsaw!
Common sense says you would not berate the whole market mechanism and the bad actors which revolves around it if you were going to stay on there!
He needs 1 sovereign wealth fund to put up around £1b to take out the 35% at £3, he's a deal maker.
(Trading in the last 1-2 weeks on the thinnest of volumes means absolutely nothing, more manipulation by the crooks, everyone will get FOMO and it'l be over £1 again before you know it)