I understand, I guess they have a good excuse for a raising right now. Some really rough numbers
As of 29 Dec 2019 for the Half
44m in cash
Costs were 400m for the half
91m in employee expenses (a lot of these will be casuals, and others eligible for JobKeeper? + 'This also
means that all of the Company’s retail employees and the majority of support office employees will be stood down without pay for that period."
12m Occupancy (could negotiate for lease relief)
15m marketing (some of this reduced to just internet marketing?)
192 costs of sales, this will drop a lot. Se
+ other stuff like depreciation (ignore), distribution
Worst case 66m per month .. lets say they can half this?? so 33m.
Revenue was 450, if we assume 20% online sales ... 15m revenue per month?
So, 18m short per month?
I would think this could be squeezed a lot more, maybe find 8-10m per month.
If shops start to open in May/June, maybe best case burned half the cash?
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