MOZ 8.00% 6.9¢ mosaic brands limited

News: MOZ Mosaic Brands Ltd Provides Market Update, page-23

  1. 3,688 Posts.
    lightbulb Created with Sketch. 1085
    Why you and others (U know who U r) can't comprehend that "return to profitability" is a forecast based on lofty numbers some1 was forced to derive. No mention of timing or magnitude (could be $1!).
    Any deviation from this forecast WILL LEAD TO A LOSS (again) that needs funds to plug the gap.
    How will the huge existing debt pile be serviced? How will extended loan facilities be awarded, how will suppliers be paid, staff cuts that lead to further weakness etc....some say I harp on, none of this is ever addressed in the downward scenario....only way is more debt, asset fire sales or heavy cap raise at the current mkt cap. Simple.

    ....the tooth fairy and Easter bunny exist too tongue.png
 
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