RE: Qube … the last II Short coming to work11 May 2023 07:10
Qube and tellworth caused absolute destruction to the SP just reducing 0.17%. they still have over 1% combined. god knows what they still plan to do.
on a positive side, clearly no large holders have reduced. banks have done their usual nonsense and traded the hell out of it. shorts have materially decreased (suspect all 8 or so that have shorted THG over the last year still sit under the 0.49% but IMO).
on a negative, no RNS which when combined by the huge sell off we have seen since one week back (117p to 82p / -30%) suggests there is limited chance of a deal. with Wood, there was already an RNS agreeing to extension. we do not have this for THG.
THG has a proven history of disappointing shareholders (5x profit warnings in a row/ 2 failed TO approaches resulting in zero bids). history repeats. if forced to choose, i would vote no TO
Dr Loa, suggest you go back to craftyinvestor, or billionairebob, or bobbyboyJ, or toansy, or toastyakataonsy, esp before your posts are deleted again as usual
Good analysis Moxx. with wood, their board had the decency of updating their shareholders on the actual price offer. THG board does not seem to think this is relevant for their shareholders.
also with wood, the SP was never volatile like with THG.
Wood and Apollo have moved to bid DD. IMO THG and Apollo will not get past indicative proposal...just like king st...just like candy...just like the other bids moulding boasted about rejecting in the FY 21 analyst call
Seems like a dead cat bounce based on some guy called cityspy tweeting bid is still in play. market is already correcting back down IMO. hit 90p and now at 87p on circa 300-400k shares
Thank you, and to you. I blame myself for investing here, no one else. i almost could have got out at B/E on wednesday but was greedy. serves me right. but honestly did not htink THG could muck up a deal with THG....