They only crashed as so many wanted to get some of their money back whilst the shares were high. As you see they have bounced back again with new money as a result of their good results and the old money coming back in whilst they were low ready to catch the bounce back again. Wait for tomorrow onwards and you will see they will be rising above what they were when the sell off started yesterday. Simple, no deed to worry about graphs at present. With Boo.Hoo they will be twins for a bit. Just… Read More
Yes it is the online sales where the money is. Just look at the recent figures from Boohoo as well. Sales outside the UK in the US and Europe which have been indicated as increasing are becoming the key areas for ASOS and the company will now see the benefit in the bottom line of the ongoing devaluation of the pound. The CEO's are right.
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