Retail stores closing means the retail spend /margin at a large number of stores has dropped significantly. These 200 are obviously the ones that are no longer viable. 200 stores is significant by what it says about retail margins and the potential impact on discretionary retail spend items. There-in lies the potential concern.
Agree with Kikker that until their is some positive sales figures announcement that the drift will continue.
Thats some pretty heady drifting shes doing too! Toasting 5-6% of your value in a day is not something to sneeze at....and today is one of many recent days. I do hope Kikker is wrong about the 3 months; thats a lot of drift time especially at the current drop rate.....an announcement of something that gives the market confidence in the numbers well overdue
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Mkt cap ! $5.275M |
Open | High | Low | Value | Volume |
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---|---|---|
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4 | 150199 | 0.023 |
1 | 45499 | 0.022 |
2 | 116114 | 0.021 |
1 | 350000 | 0.015 |
1 | 100000 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 36875 | 2 |
0.028 | 144879 | 3 |
0.030 | 90994 | 4 |
0.032 | 187876 | 1 |
0.034 | 19500 | 1 |
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