RE: 14521 May 2022 09:02
POSTI - Fully agree with you! Males total sense.
Matt and BOD have already decided exactly whats going to happen here, decision has been made private is the 'best environment' to operate in!
No chance in the world he is simply handing over THG to PE on the cheap! £4 billion was too less in 2018, £7 a share last year was too less hence separation plan!!
Going ahead with strategic plan, for Premium listing, he knows he has to drop the golden share, at that point he knows with the manipulators in the market, they can snatch THG for nothing. Hence staying on market has been scrapped altogether.
Private it is, absolutely dont blame him, for us PI's hope the price is right! Has to be towards IPO, otherwise alot of disgruntled people.
Softbank and Sofina paid £5.96 12 months ago, if they retain the % equity simply in a private arena, happy as larry. In 2 years when it lists in US for multiples, they will be more than happy!