I really can't see a cap raise. No reason Myer stores can't reopen soon with social distancing , cleaning change rooms and ensuring customers are using hand sanitiser upon entry. If supermarkets , bunnings and BigW/Target are open im not sure why Myer is shut. Harvey Norman , JB Hifi , Domayne are open also.Goods in all these stores are being handled and breathed/coughed on. Besides the virus lasts longer on hard surfaces compared to soft surfaces like clothing. Im seeing a greater number of people out and visiting stores in general rather than staying home and the number of people with Covid-19 is falling. .
They are planning on refinacing their debt to a better rate and terms.
“We have commenced refinancing discussions with our banking syndicate and will update the market once completed,"
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