Member Info for TylerHedge

IHNC, because the rules are disclose at 3% and every 1% thereafter so my original question stands. MM previous disclosure was for ~3.2% so where has the additional number of shares come from?

Thanks Brewman - will wait and see. Makes sense. Does Spreadex take positions itself or is it just hedging client risk? If so there will have been a lot of client sells to free up that quantity of stock

I am a little confused, MM increased KLSO position by ~3% yesterday which is ~9mm shares but do not see that volume traded. Have I got this wrong? Any thoughts would be welcome

No, closing only. I have a long in it and it says "Closing only: Market unavailable to open " so I can only reduce the position during trading hours

Interestingly IG spread betting is not accepting any buys - it's closing only. Not sure how long it has been like that but usually a good sign of expected volatility (I hope to the upside) when spread betting firms don't want the risk

I'm not really sure but suspect that they are sells printed slightly late based on levels at the time of them - they are "O" trades so sometimes delayed in being published

Only limited markets open

https://twitter.com/financialjuice/status/1715013792013201548?s=20

Https://twitter.com/financialjuice/status/1715013792013201548?s=20

41k of the UT at 9am this morning was me. Managed to get a partial fill on a limit order with nothing since

Still there Yorek in it's entirety, hasn't been touched

There's a 239k bid at 69p been sitting there since 12.45 for those who cannot see the order book. Good to have that sort of support

GLA

Thank you all

Manifesto

Will the RNS come out today?

Thanks

FCA shows Qube at 0.69%

https://www.fca.org.uk/publication/data/short-positions-daily-update.xlsx

I bought some of the Lidl mint choc chip last week - purely for research purposes of course😀. Looked up the manufacturer but all I could find was that it’s Lidl own brand. Unfortunately my research was so successful that I finished the tub along with the remnants of my My Protein control sample. The Lidl one wasn’t bad at all but always find that mint choc chip tastes more chemically than other flavours. I did not compare the ingredients lists but suspect that there’s more rubbish in the Lidl one. It is only £2.69 from memory. Perhaps more research is required…..

OSG. There is no print edition of City AM Fridays. Extract from Wiki - note the distribution and target audience (ie I highly likely to be affluent). At the risk of stirring up old debate, I cannot believe that underground users to not see it on a regular basis

“ The newspaper is published in print Monday to Thursday with a "digital edition" on Fridays,[8] and is distributed at more than 400 selected commuter hubs across London and the Home Counties, as well as over 500 offices throughout the City, Canary Wharf and other areas of high business concentration”

https://en.wikipedia.org/wiki/City_A.M.#:~:text=The%20newspaper%20is%20published%20in,concentration%2C%20with%20an%20average%20daily

That was me who posted the site 2phevs. I thought that how the info was presented was interesting. Borrow rates can also be squeezed in the repo / equity financing markets and can be seen to some extent as a signal for a potential squeeze in the cash market so I shall be keeping an eye out for this. Don’t know why THG borrow costs rose so much that day but it will cause shorters pain. Imagine the scenario where the cost to cover shorts increases massively and share price gets bid heavily. That scenario is a double whammy for shorters

1p also posted a link to another site that I look at. Very good info on it but parts of it are less granular than the other one. Unfortunately there is a lot of info behind a paywall there

https://fintel.io/ss/gb/thg

Apologies if people are already aware of this site but came across this earlier. I do not know how accurate it is but seems to source details from Interactive Brokers. IB lets you loan your longs for shorts to borrow and IB split the borrow fee with you. I am not aware of other brokers allowing you do do this (they may just loan stock and bury it in the T&Cs)

https://companiesmarketcap.com/the-hut-group/cost-to-borrow/

Basically there are >10mm shares available to cover shorts at a rate of 2%pa. This is not expensive given where overnight money is. However it is relatively expensive when compared with:-

OCDO has 4.5m available to borrow at 0.75% and TSLA (picked at random) >10m at 0.25%. NWG is 800k at 2.6%

Question is some holders must be allowing their longs to fund shorts for yield enhancement purposes, but who? IIs maybe?

Agree Pearls. I was writing from a simplifying assumption of just a single bid. If additional bids either come in or are expected to then I would expect price to move to a new "assumed probability" level

Agreed ihavenoclue - I really do wonder how close the share price got to the Apollo level but we are unlikely to ever know