Thanks for the article, kings. Some of us are non-holders, some are holders. There's not much parade for retail right now.
Re debt, if there was a takeover or some debt restructure, the debt people would probably renegotiate debt into some amount of cents in the dollar, and profit from that.
I figure MYR willl continue to exist, but everything may have to be reduced- a back to basics (socks and frocks) set of practices, and a rejigging of just about everything to suit the climate. The market is cautious right now and MYR results re not too far away. I reckon expectations of forever rising sales- with any store- is unreasonable- it just can't happen year after year. Having said that, one year hence, and the world might be bullish again- internet notwithstanding.
Cheers.
MYR Price at posting:
$2.38 Sentiment: None Disclosure: Not Held
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