ASOS have dropped quite significantly in the past week for no particular reason and I view this as the perfect opportunity to invest as I can see them bouncing right back up to the 5.50p mark in the next 2-3 weeks. STRONG BUY!!

skinny, I was watching into it and got no idea how you did it but you did and it was good.
added to my loosing a bit now 5134.looks dumb now but may work later.

Just got coffee , stopped the car and cant believe the volume after close..i dont know if i see it right but there is 3.1 mil + shares sold just after 7am as a result of placing at 5000...now something is telling me that ill be doomed in 25min..shit..:)

If 360k pushed 200pts+ down i cant really imagine what 3mil will do at the open...doomed..shit..:)

And this selling is happening now as i wrote , volume just added 200k more..im in unknown territory of outcome...:)...not funny

I dont think citigroup tp 7000 will help me..lol

i don't know what the usual volume is, but 4.75m already looks massive and also there is clearly some very substantial selling behind that

market at last waking up to the fact that this stock is heavily overpriced at current lvl despite the fact that the company has been an amazing success story

cynic as usual attempt intelligent and RB, well, this is nothing to do with your overpriced view.
anyway I was scared to death (lol) that we plunge to below 5000 but...I see now that the whole play will turn up mega positive...just if today we close above 5056 the whole selling volume will become my support..incredible..

I supposed to be wiser but just back to old good days when adding to much-loosing position was normal:)..so got a bit at 5085

averaging down ........oh dear oh dear almost as silly as catching falling knives.....

o yeah...this is all you know RB..

For information - in case anyone missed it?

RNS Number : 2579R
ASOS PLC
24 October 2013




NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.



RESULTS OF PLACING OF ORDINARY SHARES IN ASOS PLC (THE "COMPANY") BY OR ON BEHALF OF CERTAIN MEMBERS OF THE SENIOR MANAGEMENT TEAM



24 October 2013



Further to the announcement released yesterday, certain members of the Senior Management team of the Company, including Nicholas Robertson (CEO) and Nicholas Beighton (CFO), announce that they have sold in aggregate 1,881,272 million ordinary shares of 3.5 pence each in the Company ("Ordinary Shares") at a price of 5,000 pence per Ordinary Share (the "Placing"), raising in aggregate gross proceeds of approximately £94.1 million.



The proceeds of the Placing are payable in cash on usual settlement terms, and closing of the Placing is expected to occur on a T+4 basis on 30 October 2013, subject to the satisfaction or waiver of certain customary conditions.



J.P. Morgan Securities plc (which conducts its UK investment banking activities as J.P. Morgan Cazenove) ("J.P. Morgan Cazenove") and Numis Securities Limited ("Numis Securities") are acting as joint bookrunners in connection with the Placing.





Enquiries:



J.P. Morgan Cazenove +44 (0)20 7742 4000

Luke Bordewich

Nicholas Hall

Yes jj50, well known fact from yesterday just after the close.the only unknown was open and afterwards, as to me .Im sure others had no clue either..well, maybe cynic would have a go..he loves appear shining.

5105 good close.

robinhood's 'market's overpricing,averaging down and falling knives' nonsense today proved being even more idiotic sequence-copying fooling itself..lol

ONLINE fashion retailer ASOS has started work on extending its site in Barnsley.

The warehouse has over 560,000 sq ft of space and is 15 metres high and now, building work to extend the site by 140,000 sq ft has started, which will provide the storage capacity for the required unit volumes to exceed the company’s £1bn sales target.

The 3,000 team of staff now working at the ASOS warehouse will be adding around £170m into the local economy through wages. By the end of 2013, there will 3,200 staff employed by Asos in Barnsley and over the next two years there is potential for a further 1,500 jobs to be created.

The plans follow the news earlier this year that the global firm, in one of Europe's largest logistics deals, awarded a three-year, £100m contract for the management of its worldwide distribution centre to Norbert Dentressangle.

Prime Minister David Cameron visited the warehouse in Grimethorpe, Barnsley yesterday.

Nick Robertson, founder and CEO of ASOSNick Robertson, Asos chief executive officer, said: “Long-term sustainability is central to our Grimethorpe strategy, through commerciality and community.

“Taking Barnsley’s history of UK industry into the future through international opportunity – building skills and experiences for young people in the process – perfectly mirrors the spirit and values of the ASOS brand, and we are committed to continuing this approach alongside our ongoing investment.”

Leader of Barnsley Council, counc Sir Steve Houghton CBE, said: “Asos has been a tremendous success story, not only for Grimethorpe, but for Barnsley as a whole.

“They demonstrate that we have the right sites, the right transport links and the right workforce to make an impact on the national and international stage. We as a council have worked long and hard to attract employers of this calibre and will continue to support them, and others, to help turn the borough into an area that can compete with the very best in terms of attracting investment and offering business the opportunity to develop, expand and succeed.”

ASOS moved its main distribution centre to Barnsley in 2010 and opened its Grimethorpe warehouse in 2011.

Just a thought - were those shares just sold or did someone buy them at the same time?

:-)

JP Morgan got hands on them . they'll now create strong market to liquidate them slowly for nasty profit or they'll take a more time like year+ and make killing then.

5257 for close. not out of the woods yet but better then I thought.next week important especially Monday.

Monday beepingly good right up to target, very quickly. there is a pain in a ass limit sell order dumping 100k+ in an hour.if we pass it then just all time high left, if not I got to get out..wrrrr