Market's view on Boohoo
Published on April 2024
- Stock watchers suspect Frasers are buying shares to perhaps facilitate a buyout of the company.
- One stock watcher plans to buy more shares if prices drop to 50p, expressing anticipation for significant market movements on Monday.
- Another stock watcher hints at being on holiday from stock discussions until significant price changes occur.
- There are mixed sentiments about whether the company can survive long enough to become profitable by 2026, with some suggesting selling shares soon.
- Concerns are raised about potential manipulations in share prices, with suggestions that fewer shares are available off-market, which might impact price movements if Frasers continues to increase their stake.