The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
I can't find any confirmation of the Deutsche sell note or 27p target. Any links out there?
While looking, I did notice that Canaccord Genuity stuck an 18.5p price target on Boohoo's shares back in October..... that's nasty!
But I do agree that it's strange to buy a bunch of shares and then start selling a few of them within 3 weeks. No idea why they would do that.
Ok Davey, so it's your opinion.
I don't know about all that trading gobbledygook about MMs clearing stuff and "trapping" investors, but here are the facts as presented by the TR1s at least. Harwood snapped up 12.68% on 27/03/24, which they trimmed to 10.76% on 12/04/24 and again to 9.49% on 16/04/24. No further movements since then. It's best to stick to what the RNSs actually say and not over-interpret them, because doing otherwise can lead you down mistaken paths. So, the facts are that a month ago Harwood held no shares and now they hold 9.49%. Tell me if I'm wrong.
Davey50, what makes you say Harwood have 15m-20m to sell down? Have they indicated that's their intention or is that your opinion?
CEO statement: "It has been disappointing that we have not seen the recovery in Regulated Industries as quickly as we would have hoped and that sales in some parts of our content management software business have been slower than planned. We expect both to show some recovery in the second half.
Delivery of the Board's full year expectations remains dependent on continuing to successfully leverage our growth initiatives and AI offerings to compensate for ongoing headwinds in some areas."
Laying the ground for tough times?
The same David1951c. I need to see financing in place and evidence of sales so as to reveal a clear path to sustainability on a cash basis, before investing. Until then, dicey. Plus the market cap is so small now (