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The trading update of 4th May wasn't bad... so I'm not sure we can blame the company for the recent share price weakness. Recent updates from other building supply companies have been below consensus... imagine some contagion from this. What to do? As a shareholder, tough it out I guess. Pity they're still not paying us a divi to sweeten the wait.

Can't see an immediate catalyst. Housing market is holding up pretty well so far, but the economy's weakening and will there be money around for home improvements, etc?

Interesting point ggrantsu. I hold units in the Smaller Companies Fund and it's been a poor performer for a year or two now. They do hold a fair amount of speculative stuff, but typically very small positions, so maybe that's why he doesn't seem to care? I'm not sure I'd go as far as saying he's an example of what's wrong with the industry, but he's certainly having a bad run!

Okay, my post crossed with Jc's. That's settled that then. Indeed he thinks (and you agree) that they mopped up some institutional selling to 'protect' the value of their existing holding.

In the Smaller Companies factsheet for April Jourdan says he added to TBLD on price weakness. I guess that's kind of the same thing. However you look at it though, it was yet another bad Amati trade.

Barcap, not disagreeing with you about the performance of either Amati fund, just saying the onerous VCT rules on buying and selling the underlying stocks, make that fund in particular a no-no.

One for you (or Jc): what do you mean you think they added to their position in TBLD out of 'need rather than desire'?'

...therefore they don't hold TBLD in the VCT fund. They hold it (and have recently added to it) in their main smaller companies fund.

Guys, when you say "need rather than desire", why the "need"? Is it an effort to protect their existing holding from further price falls if institutions are selling?

Re Amati's recent poor performance, the problem with the VCT is that the rules to protect tax-exempt VCT status mean they are highly restricted in what they can do. For instance, they can only buy a share in an IPO or a placing and cannot re-buy a share they've sold. That's a massive problem - like having one hand tied behind your back - esp when you think of the overpriced IPOs of 2021! So, for me, not being in the lucky position of needing the tax advantages of a VCT, there are no reasons for and lots of reasons against the VCT fund.

Really? Well, they do pick 'em!

As for Neil Catto, who they are proposing as a director, they say "Neil has significant UK plc experience and is currently a non-executive director of tinyBuild Inc.".

I follow Tinybuild. Has anyone seen the recent chart for that company? Blimey, is that the kind of experience we want? Reliable directors replaced with racy ones? I don't.

As I say, Holt is an experienced director and I made good money following him into the chairmanship of Totally plc, so I'm a bit disappointed with the RNS. It smacks of shenanigans to distract from the company's (BOO) trading performance? T4g may be right that it's a precursor to a possible takeover. I wish Boohoo would just focus on their own bloody performance instead of all this flashy corporate stuff.

Anybody have an idea why Boohoo intends to vote against Bob Holt as Chairman of REVB? I thought Holt was an experienced director/investor, has he done wrong?

CEO appears to be an enthusiastic, maverick 'gamer', but possibly not schooled in the world of business or running a company.

Unaudited Results for the year ended 31 December 2022 had cash significantly down, but still at $26.5m Simon. Still a fair amount, no?

Amati Smaller Companies were recently topping up their holding in Tinybuild, according to the April factsheet. Whoops.

I almost pulled the trigger after Friday's fall... obviously glad I didn't now. I really want to buy this share and hold for a recovery, but an unexplained drop of this size makes me nervous.

I may be looking in the wrong place but the only declared short above 0.5% that I can find is GLG Partners LP at 0.62%. So, not excessive? Either way, today's price action tells us that sentiment towards the company is low.

Lol, to be kicked off again at the 1st opportunity?

Well, investors are not waiting for the exec team to act, they are taking action themselves and bailing out for, presumably, substantial losses. In a high interest environment, market is increasingly pricing DLAR as a zombie company.

Pedro, the pay structure does rather make a mockery of management being in alignment with the broad shareholder base... which isn't good at all, but not untypical on AIM. That said, the new incentive scheme - which is still far too generous in my opinion - is at least now completely aligned to the share price. For me, most of the negativity is fully baked into the share price and so I won't be selling my Boohoo shares for 32p.

What really hits me in the article is the massively increased pay for management in a year of dismal performance, or at least dismal share price performance. I know this has been discussed on this board. It is ugly.

Interesting info, thanks.

Hope so Algor, because inflation is the key to bloody everything and we in the UK have it higher and stickier than anyone else. What a mess this country is in.

Well, it doesn't take much for sentiment to turn sour with this share. Just a few weeks ago we hit 60p and I thought we'd finally turned a corner. Underlying feeling in the market, which COST can't seem to shake off, is that the company can't price and execute their contracts correctly. We need a good few quarters of positive updates to begin to prove otherwise.

Bit of a dud this investment.

As if to underline your point, the share price today shot up to 138 and then back down to 129. There's a lot of volatility around.