very difficult to answer this until we get an update hopefully...

very difficult to answer this until we get an update hopefully early in the new year.

The balance sheet you were looking at was based on information that is 6 months out of date.

They have a 100m facility, and they had used 22m of it at June.

My question is... what was the debt used for? At 30 June 2010 there was only 9m of the 100m facility used.

My expectation would be the 13m increase was used to fund the la senza stores

Given la senza UK has entered administration I am intrigued to see how this impacts the Aus roll out.

http://www.bbc.co.uk/news/business-16322404