RE: Buying opportunity?18 Nov 2019 18:10
Although analysts at Hardman & Co are bullish about its chances, risks such as a slower uptake of e-commerce or new entrants could hold the retailer back. It will probably have to raise more cash too. “If you take investors’ money, you have an obligation to deliver returns on them. We’re going to win the race that we’re in, our brand is going to win in India,” says Alli, confident Koovs will be in the black by 2022-23.
Evening standard extract suggests raising more money!! Have we time to raise more capital?