RE: Time to buy25 Jul 2025 13:02
Amen to this post from Ephemeral, I wished I had enough confidence to average down when it was the 20's but I have typically bought in blocks of circa 20,000 between the 90's and the 40's. Now with close to 100k at an average of 72p I have stopped buying, conceded I got this one badly wrong, given myself a good slap and all but written it off. Naturally I would thrilled to see the SP recover but when you have someone like Moulding in charge the possibility is significantly reduced.
The majority of would be investors/bidders will be familiar with fact that Apollo walked away when the share price was much higher and haven't returned as the share price has fallen and fallen to all time historic lows, they will equally be aware that not one single director has bought shares in the 40's, 30's or the 20's and the less that's said about the Ingenuity the better.
"I think there needs to be an acceptance, deep down, that many of us got this wrong. We got it wrong. I failed miserably in averaging down … tho a few recent buys in 20s have done well. I am still significantly down ave not at 75p. I am unsure if that will return …. But given there is next to no confidence in THG forecasts and MM and GLA… a decent result in Sept… could have a massive impact . So I’m waiting for c8wks to see what yields."