RE: VOD futures18 Feb 2021 17:55
mole_man Thanks for replying. I just think that, just because a company is losing money it is not always down to bad management. Tui are losing a fortune at the moment, which has nothing to do with bad management. To always blame management is just a cop out. Whether vod will do better in future depends on many factors, not just management. If vod had, had different management over the years, how do you know vod wouldn't have done worse? I think with what was known at the time, the liberty deal was the right one. As for the debt, that is very difficult. If a company needs to borrow to survive in a highly competitive market, then it may be, that it has no choice. With debt, comes risk. Real wisdom comes without the benefit of hindsight, just a bit of modesty!!