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"People familiar with the situation say that Numis did not receive a proportion of the discretionary fees awarded to bankers in relation to the IPO, which one source said was because THG executives were unhappy with the work undertaken by the bank.
THG subsequently appointed Barclays, Citi Jefferies as its corporate brokers.
One source said Numis executives and THG's management had "fallen out" over the float."
Seriously...
THG is a bit riski, I have started adding since yesterday. Wish I’d waited but somehow I thought 190 was the bottom but as the saying goes, don’t catch the falling knife which I tried and now going to sit over it unless something drastic happens.
I am really relaxed abt PFC at the moment. Hoping this will recover well in couple of weeks.
Agreed with Paddyboy. This isn't riski share to be in now as it used to be pre sfo news.
Just need few days to settle the price as a result of cheap placing shares. Not sure why ppl wanna sell them cheap but they all have a different priorities.
If anybody has any appetite for big risk than look at the THG.
If this ever goes below 120, I would be buying in big.
We will hear something very soon from the company. This can not go on.
Not sure how far this will dive further but as soon as it turns back upward, all the losses will be re-gain in a day.
Unless I hear something really bad from the company, I have a firm belief that this will come good.
At this price, I think Risk/reward ratio is in favour, all it need is a patience and strong nerve.
Gl to all.
Not sure about £1 but at this rate this may hit 20p again soon.
Wish I topped up more under <7 but happy that finally back in Green.
There are lot of ppl who bought in around 12-14p so expect some volatility.
Well done to all who kept their nerve and hold it.
Thanks @Paddyboy1, so I was looking in the right section "corporate actions". Somehow in so many years of trading, I have never managed to take part in any RI or placing before. First time decided to take part. Is that the section where option for the new placing appears or do I need to call them? Same situation as yours. This is in my ISA.. :(