Thg Share Discussion Threads

[senseibull] 01/11/2021 18:32

Quite a lot of you know more than me about the nuts and bolts of the infrastructure behind a stock. Dont really know how market makers work in this scenario except i know their role is provide liquidity

[senseibull] 01/11/2021 18:28

Say it aint so space_bobIm thinking it would improve liquidity. Bleeding hope they dont sell 55 mill as a market order

[dealy] 01/11/2021 18:26

For a trade this size the seller has to say what's coming else the market makers will freak. So it gets flagged and the price drops to accommodate. Hopefully already done

[space_bob] 01/11/2021 18:25

At the bottom look at daily volumes over the last month when the price has cratered. Not sure there are buys for 55 million shares and the news will have spooked many other holders. Me included. I'm quite 'lucky' that I sold a large proportion today and plan to get back in. Not sure there's value in my keeping the rest for a few days when I believe a further 10-20% drop is a possibility.

[senseibull] 01/11/2021 18:23

When you say wrong this happened today.Are you saying?Wrong, this actually already happened today?Wrong that this has happened to THG stock after holding price today?

[complex machinery] 01/11/2021 18:16

My apologies dealy is correct about 4%. Should be done by 10.00 AM.

[complex machinery] 01/11/2021 18:14

Wrong this happened today, it does not explain 600p to 217p.

But I think it's approaching a value stock now.


space_bob1 Nov '21 - 17:49 - 1951 of 1960
At least it explains what's happening

[dealy] 01/11/2021 18:13

55 million is 4%

[complex machinery] 01/11/2021 18:11

it is book-running will be absorbed quickly.

[senseibull] 01/11/2021 18:09

Quick estimate 1.37b shares in circulation Blackrock own 9.98% according to latest TR 1 i think.55 million shares = 2.49% Will leave them with 7.47% Correct me if wrong

[complex machinery] 01/11/2021 18:07

You are very miserable now.

But that's OK.

[space_bob] 01/11/2021 18:04

I'm not sure there's any positives in the news. I expect a further kicking in the very short term.

[senseibull] 01/11/2021 18:00

Look at this another way, could this be an attempt to improve liquidity

[space_bob] 01/11/2021 18:00

"Are you still happy?

So you think 4% bookrunning equates 20% lost"

Well yes if you look at the volumes and values during the massive drops they haven't been that big. Vast majority of holders are long term.

[average down mug] 01/11/2021 17:55

☝️313;ughhhhhhhhhhh! Pardon moi I’ve had chinditza for tea! Chinese Indian and pitza lol

[senseibull] 01/11/2021 17:55

Will try to work out what % holding it will be after that, or do we think its shares held that we cant see due to being held under fund names rather than blackrock?Doesnt bode well they selling at a low..

[complex machinery] 01/11/2021 17:53

Are you still happy?

So you think 4% bookrunning equates 20% lost

[space_bob] 01/11/2021 17:49

At least it explains what's happening but I still think a lot of people will dump shares first thing. Could go down as low as £1.80 for a few days.

[dealy] 01/11/2021 17:45

I think that's right.

[bookbroker] 01/11/2021 17:44

Doubt it, probably the reason why price being held, once they are placed it will remove an overhang.

[hawkman returns] 01/11/2021 17:24

^^^^^^
NONCE

[average down mug] 01/11/2021 17:21

Might come back for McDonald’s tomorrow at some point 🤣☝A039; Gla in.

[bad robot] 01/11/2021 17:18

Mister Bull

Please no hope in shares gambling malarky. I stated many times last week and it's an illiquid stock due to free float.

But it works both ways. Once the many CREWS pile in, the move will be biased upwards.

Need more bidders of stock on the buy side.

BR
IN BR WE TRUST
RED MERCURY CREW