RE: Attacking Bricks & Mortar3 Sep 2025 19:12
Oke id guess they can't say too much prior to release of H1 results.
I largely agree with what you say, the awful Comms has certainly helped this to remain a shorters play thing at the moment
With seemingly little chance of it going bust it seems strange that the market cap is now about the same as the valuation of Top Shop.
I believe PLT will be sold. The business review has simply been going on for too long to still be at the first stage, unless another asset sale has fallen through.
There is a fixed charge over the Burnley warehouse, so making the staff redundant, unless there is an alternative tenant lined up for the site would seem to make little sense.