Sorry to all holders, it's all over, Administrators.
I had a feeling we will see many more retailers doing this.
Why? Their largest liability are leases and the best way to get out of these long dated liabilities is admin process.
I expect someone will cherry pick the brand and make a lot of money in the next 10 years.
If only I had a spare $10+m
- Forums
- ASX - By Stock
- Ann: Administrators Appointed
Sorry to all holders, it's all over, Administrators. I had a...
-
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)