Member Info for ViciousHippo

The capital raise was for by means of an issue of THG ordinary shares if I recall. The share pool of THG just got bigger, nothing more, nothing less. Upon demerger those new shares will have the same rights as all the other shareholders, and so it will be a "straightforward" demerger. If I have missed anything, let me know. It's not easy to follow all the twists and turns of THG. Would prefer it if they spent their energy building revenue...

Lordeh - Ingenuity is not being sold. It is a demerger. THG will not receive any proceeds for Ingenuity on demerger.

If a third party wanted to buy Ingenuity now, it would mean THG selling its subsidiary, and there would be no requirement for THG to entertain such an offer. No company is required to consider offers for a subsidiary.

I wasnt very desciptive. 25p is the measured move after breaking to the downside of the falling wedge the share had been in. Measured moves dont always play out, but they often do. Let;s hope this one does not...

The analyst ratings are all well and good, but they are a few individuals, as compared to the market of millions voting with their wallets in the other direction.

THG will go up again if/when they start to deliver growth and profits. As the moment the market doesnt believe the management team (not just MM) can deliver.

Fair enough, but after low of the mini budget we also all thought THG would grow its revenues. Which it sure hasnt.

THG has surprised numerous times before! It's already been to 31p...

As I said previously the Tradingview technical analysis says 25p. Nothing is certain, but perhaps that is where it is going.

It's broken out of the downward trendline, so either it's turned around or we will get a spike followed by a continuation downwards or it's a false breakout. Who knows. I'm a mere 60% down, but clutching straws too

Like the Soundman says, how do you place shares at a premium... In any case, the trading update alone could send the share price down 10p, then what.

I still dont understand why people are fuming over "Ingenuity being sold on the cheap". It is not being sold. This is a demerger, so you can get a proportionate shareholding in Ingenuity. You can choose not to, but if you think it is valued too cheaply, that makes no sense. If you dont want Ingenuity shares, then presumably you actually think it's too expensive...

Stay away from AIM and mining stocks! This is my third one that's gone bust. Luckily I have one other where the profits just about cover all my losses. Overall nil return. Waste of time really.

This is normalisation after Covid. Market looks ahead, and company has been restructuring for profitability and stabilising its finances. This is why share price has turned up again.

2024 buying volumes have been high, suggesting accumulation by IIs. Today's share price dump could just be a shake out to trigger stop losses so IIs can accumulate some more on the cheap. It's currently resting on the 200 MDA. I would surmise after a couple of weeks/ days of this there will be some good news and the price will have a spurt. I dont have a crystal ball however, so we will see...

Rebrand is just an excuse. Until management acknowledge their failings things won't improve.

This is my only gold stock that is down. And down by a lot. Quite an achievement. What was their plan if gold had stayed around $2k...

Steve - I think someone was complaining about the SIPP issue. I have not checked (although I agree with you I dont see why not). To me it's not a deal breaker either way.

If you believe demerging Ingenuity into a private company is a masterstroke in screwing the IIs who may not be able have holdings in unlisted companies, then surely you should be happy you are eligible to receive shares in Ingenuity yourself, and get Ingenuity on the cheap at the expense of the IIs? I know you cant hold them in an ISA/ SIPP, but that's not the end of the world. I'm sure one day there will be an exit, either through a sale or an IPO.

OK Professor Stanley, if the demerger will have no effect on the share price, then everyone should be piling in to get shares now. You'd have the same share price after demerger, but also more shares. Wow - a freebie.

Yes there is because currently the share price reflects the entire value of the group, ie including Ingenuity. After demerger you lose the right to Ingenuity shares or the right to elect for additional Remainco shares. Shares after demerger will just be Remainco shares with no right to Ingenuity shares. They will automatically be worth less. After that of course their value can change in any direction - just like they do now.

I do not think I am wrong. THG shares = Remainco shares. THG shares will be worth less as they are losing £100m in value. Of course the share price may go up after the demerrger due to normal market movements. But the share price 1 minute after demerger will be less by £100m than the share price 1 min before demerger.

If you elect for Remainco only shares, they will be worth less, but you will have proportionately more shares. So instead of 100 shares at 45p you will have, say 120 shares a 36p. The share prive will go down, but you will have the same £ worth of shareholding. If you take your allocation of Ingenuity, you will be down on the Remainco shares, obvioulsy. It's not a free lunch