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Https://businesscloud.co.uk/news/report-finds-thg-is-not-a-bag-of-spanners-company/
Https://www.warringtonguardian.co.uk/news/24062314.hut-group-places-688-warrington-employees-at-risk-redundancy/
Very sad for those involved but from a business perspective its encouraging to see the business streamlining, driving operational efficiencies and implementing the automation benefits.
Couldnt help but notice a few posts from very low post accounts claiming to have sold big "chunks" and waiting to buy in when dilution kicks in at 30p.
More short selling shenanigans or are we now expecting dilution? Doesn't seem realistic given its popped 17%-24% today or am i missing something?
So good, bad or could go either way?
https://www.theguardian.com/business/2023/oct/08/bank-of-england-sounds-out-buyers-for-metro-bank-including-natwest
Almost reads like a forced marriage, as if its out of metros hands and regulator is trying to sell it off. Can they do this without shareholder consent? I don't have a position anymore but was hoping to buy in. Not sure now, still looks very cheap.
Not sure if this link has been posted
https://www.proactiveinvestors.co.uk/companies/news/1028960/thg-share-price-could-nearly-double-reckons-bank-of-america-1028960.html
In at 101, and 76, only small positions, but looking to add more at these levels, only issue on technical i cant see any support at all, just curious what are others thoughts on bottom are? As an eCommerce professional i quite like the company and business model so happy to keep loading. thanks in advance.
Another out of hours article. Some business leaders have complained in the past about the relationship between sine shortesrs and the media. Makes you wonder.
Are shorts closing or too early to say?
Thoughts on rns? still too vague for me, its a traders dream at the moment but i agree wit the other poster, best to wait and see what dilution looks like.
Couldnt agree more, even with my years of investing and day trading it felt like a setup but i couldn't risk it, already well under on thg. And now i feel utterly mugged. Nothing but fraud to extract money from PI to Institutional Investors
Took a hit and got out at 36, its mainly the uncertainty, shame they didn't give rns, so i took a call and got out. will give it time for dust to settle and clarity on news before deciding to walk away or go back in
not bitter as that's the stock market but do feel well and truly mugged, it happens way too often, how conveniently news breaks after hours, wiping out 30% with no chance to get out. no wonder uk stocks are on their ****
Yes but upto 100m via share sale and this is all unconfirmed so I guess we all await rns. Good luck all.
Entered at 50p today. Seem to have a knack for bad timing. What are thoughts on tomorrow? Plenty of dry powder for averaging down, how low could it go?
Https://stream.brrmedia.co.uk/broadcast/64da2315aa74fc619cf74a1e/6502b86b61114eed6258565a