RE: Why SP is around 60P23 May 2023 10:14
Unfortunately for Mould, he dug his own grave the day he listed THG. the standard listing meant no UK II could invest and FTSE trackers couldnt. this combined with a small float outside of major holders, which is actively traded by shorts, means the SP can be manipulated so easily.
would have been so different if he had done premium listing. ironcially the GS is the thing that will lose him his company in 116 days, and he deserves it for his arrogance, poor comms and general disregard for share holders.
moulding, you work for us, we dont want you, will vote for you not to be re-elected from the board. whilst you will probably survive, this will give the board a reason to remove you as CEO, then all you are is a shareholder yourself.
serves you right for years of shareholder destruction.
THG will be a better business without you