Stinks that interpath have been advising for months and are now the administrator. Inside job. Hope tj has a battle on his hands and has to pay handsomely to get this back. Doncaster guy must be seething,
Tom will want to buy it back but we know there will be competition from next, Ashley and possibly m and s. Some massive mistakes have been made here, if there not mistakes then it’s akin to fraud.
If I’m honest less than 30m debt isn’t huge for a 200m company. Say it again, garden trading and new head office were a silly mistake. If they must do it they should have raised money before buying. CVA next week I’d bet on. Tom won’t let it sink I don’t think. Just need to see the reaction on the market and how much Tom pits in.