wrong mate...just wrong:
Katmandu did their 1:1 CR and still bounced back. they then hit dirt again, because that's retail (and interest rates).
So did CCX-traders did amazing buying the 2020 dip:
took its 2020 hit but then bagged after that....painful now, but who holds retail in a rising rates enviro??!!
so did AX1:
THEY HAVE ALL ALREADY BOUNCED BACK....and the ultimate retail benchmark - premier
mkt cap is $47m with ~$300m NEGATIVE EQUITY. why you should be worth $350m ($debt+equity)???!!! for ZERO profit and Negative equity - would you buy a franchise that doesnt make money$$$ retail food group would luv you - they have plenty of michels stores available to buy
