Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
As Kamani is loosing £1.5m ever penny drop or £10.5m today alone you would have thought his attention would be on the share price! The biggest looser!
It wasn't long ago with the last RNS and one of the largest funds in the world buying a 3% stake in Boo that I for one thought that we'd reached the bottom, all that happened was the shorts increased their attack and down we go and not a word from the management!
I for one was sure this BOD would have stepped in by now with a trading update or management buy to support this share they seem to be sat like rabbits in the headlights of the shorts. I've lost faith in this outfit and shall head for the exit if we see a sign of recovery.
John Lyttle not owning any stock in the company he's CEO in shows lack of confidence to me. He had ESG issues at Primark and walked into them here! I was convinced the BOD would support below £2. The sooner this is taken over the better.
https://www.thisismoney.co.uk/money/markets/article-10299925/Investors-queue-bet-Boohoo-slide.html
The fund is the largest single owner in the world’s stock markets, owning almost 1.5 percent of all shares in the world’s listed companies. This means that we have holdings in around 9,000 companies worldwide. Looks like they have the funds to back up their buy at any pint. A sleepless night for the short sellers I hope!
Let's hope Boo's BOD follow them, even if it's not going to be a £58m buy in.
Norges Bank Investment Management manages the Norwegian Government Pension Fund Global, often referred to as the Norwegian oil fund. We manage assets worth more than 12,000 billion kroner, or about 1,4 trillion dollars. The fund is invested in international equity and fixed-income markets and in real estate and renewable energy infrastructure.
The aim of the fund is to ensure responsible and long-term management of revenue from Norway’s oil and gas resources so that this wealth benefits both current and future generations of Norway. Our objective as manager of the fund is to generate the highest possible return on the fund. We aim to achieve this in a safe, efficient, responsible and transparent manner, and within government guidelines.
Pretty good chart predictions here ://www.investingcube.com/can-the-boohoo-share-price-drop-to-150p-this-chart-says-yes-shares-boohoo/
I was thinking that to Kedd
Being as the kamani family are some of the largest shareholders seeing their holdings value drop £100s of millions will probably lead to interesting conversations over Sunday lunch with Mahmud saying if you've not sold your not loosing!
When the shares collapsed with the Leicester scandle, which was down to poor management the BOD stepped in at the low £2 now post the last set of results the shares are down to £1.60 on what they are saying is transitional issues the BOD are nowhere to be seen! Surely Kamani as he is loosing £millions a day must realise well timed director buys will underline confidence in the stock and maybe put off the short sellers?
AirX ceo is claiming investment from Boohoo founder for cargo aircraft
Maybe the on-line sales tax in tomorrows budget might get a mention. Someone in the chancellors office might be chatting to the hedge funds!
Asos to
They won't leave this alone ffs
Maybe the Sunday Times journalist will look in to the workers condition in the Shein supply chain now or is there no money to be made from shorting hedge funds or will Chinese pay masters stop any such negative press!
Surely we'll see the Sunday Times print more on this article? What that nasty Boohoo donating yet another £1m to charity! They haven't run from Lie cester they have put money in to fix the problems that have been ignored by the leftie Labour for decades.
Shame you bother posting on this board with a bargepole. Clown
Well that wasn't the RNS we were waiting for is the BOD asleep!
It would be nice if a director had put their hand in their deep pockets and finally showed us some faith!
Worryingly the females I know buy from one site and its SHEIN and when I agrue that they should buy Boo the answer is crap sizing so they have to order many different sizes of the same thing. Some seem to prefer the small medium and large options.