Will Myer breach debt covenants?, page-55

myr have 3 choices
1- a very large cap raising and dilute the c*ap out of the sp
2- a very large impairment
3-both.
if they are not working on a turnaround strategy for the bankers and large investors something seriously wrong.
value is only in the myr brand,the old way of ding business is stuffed thanks to the internet consumers have migrated online for good
if instore prices were cheaper than online some people might migrate bk which would increase foottraffic.
online is where its at atm,as a retailer you can have both but need to price accordingly.
end of day cant tempt consumers to spend if dont have capacity too, with or without discount card.
pt 29c