It’s ludicrous to see the market response today. I am however disappointed that they haven’t updated everyone on their chairman search, the long they don’t it leans to your point of view that they’re going to go private / move to a US listing.
@ShaidK A buyout offer is submitted to the board who decide what’s in the best interest of all investors. If they recommend an offer it carries a lot of weight when the shareholders vote. We’re not able to vote at the moment so will have to watch from the sidelines.
Re THG. Not trying to tell you what to do here guys, but having chased so many falling knives over the past decades (and many times unsuccessfully even if the downward pressure makes f all sense) can I suggest just waiting until there is at least stability and some sustained upward movement before averaging down further. Or at least reducing the averaging down amounts and keeping some in reserve in case it drops further. Painful I know but be careful what you are chasing
Matt Moulding’s mum emailed me last week (really). The Hut Group’s matriarch wanted to know why writers were not more appreciative of her son’s “outstanding” achievements. “You must lead very dreary lives in your dead-end jobs,” she remarked. Touché.
I wonder if Blackrock sold up in shame after Mrs Moulding hit them with her handbag and scolded them for not calling their mothers enough. This is not how a public company should operate!
