We're in the dark here KBB. Had a look upon your jostling and missed the fact the leases are heavily weighted to profitable stores. They raised $221 million at $0.94 in 2015 to fund a 600 million turnaround plan. Myer relies on credit facilities to undertake day-to-day trade; what exactly a breach of covenants would mean is beyond me, but I look at the SP for a clue. Lew has downramped this baby, but the facts aren't flattering. WOWSA wrote down how much on DJs? Half a billion? I don't know; guessing. Target is dust. Lee said we will see more retailers following Oroton this year. Look overseas and see which department stores have forever departed. This is real.
We're in the dark here KBB. Had a look upon your jostling and...
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