Agreed for the moment, MYR are in the middle of re-negotiating their debt, a good result in that could see a buyback in the short term but to be honest I can't see any financier offering good rates to retailers at this point in time If they had have issued guidance/ sales updates like they used to it would have given a bit of a pop in the price and likely made the refinance go through before this whole Corona Virus thing, easy to look in the rear view and make that call but it's a fair point to make IMO. It was a decision management made, therefor they should be accountable for the downside of it, wouldn't have changed the earnings result but could absolutely affect the re-finance negotiations.
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