Money flowing from Big Tech to Small Tech! Perfect Storm Brewing!27 Oct 2022 09:01
https://www.ii.co.uk/analysis-commentary/why-buyers-are-back-fallen-tech-star-ii525771
Shorts can manipulate all they want, they have got this completely wrong, now they have to close! Expecting some big +ive days to come, when they fall over each other to close!
With a tiny free float, this is going to get increasingly difficult.
Big money is pulling out of big tech, and going for bigger rewards is small tech companies, as the growth potential is so much higher. When THG is valued at 0.2x revenues, other tech/big tech at anywhere from 3x to 20x if not more, can see the disparity!
With Qatar, CEO, and Chairman all buying absolute shed loads, the backing is there. I dont know any other company with CEO/Chairman buys anywhere even remotely close to Matt/Lord Allen.
Press are slowly swinging to positive ;)
Elephant in the room, with all the above in play, THG could go private/major corporate action anytime! With 3 seperate divisions, it has all the OPTIONALITY!
And yet THG is valued at a smidge over end of 2022 cash position, make it make sense.
Remember THG has made CASH acquisition in the last 18months £1billion+, and invested £100s millions in their tech!
DYOR.