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I guess we have to wait until next week to see if the share price is mispriced.

I do feel there is an issue here and it is essentially the fault of the BoD and mgmt team. Boo is an easy target for shorting. Yes the fundamentals are grim, but when management do such a bad job of communicating an investment thesis, and there is a news vacuum, then its share price will remain at the mercy of daytraders.

The BoD need to seriously think about how it can engage large institutional shareholders into backing Debs and Dan. We have had Dan as CEO for nearly a year and the market still struggles to quantify the opportunity of marketplace, or whether Youth Brands is stabilising.

I hope next week Dan can rise to the occasion. It is not just about a 10% one day move, it is about getting Debs to a main board listing and communicating with the investment community in a professional manner.

Debs share price move today seems unwarranted. To go back to flirting with lows.

The business has refinanced and now has ample liquidity locked in until 2028.

It hasnt squander this liquidity on acquiring RevB

If the share price was partly depressed due to uncertainty, then there is no rationale for it to give up those gains.

Ultimately, Dan and independent BoD need to convince institutions that DEBS is investable! A fund manager wont want it in his portfolio whilst The Telegraph writes articles about Kamani (whether deserved or not).

It there was a truly independent BoD, whose main role was to provide oversight to a professional mgmt team and protect shareholder interests, then this is the change from a business review we need.

Imagine if Dan was allowed to manage Debs without having to worry about the next Ashley/Kamani spat.

I think an RNS that simply thanked Kamani for his contribution, but he was stepping down, would results in another 15% plus spurt.

Boo has a corporate governance discount. This discount widened when they didnt realise results in timely manner and had poor shareholder engagement.

An effective way to release shareholder value is to remove the overhang: Kamani.

SCB,

I'd be too embarrassed to admit publicly that I'm a shareholder in Boo. Let alone go to a conference meeting room full of other Boo shareholders. I imagine it be like going to an AA meeting for the first time.

Boo will remain my shameful secret.

My only issue with Finley is his poor shareholder engagement. If he delivers on business review next week, then I will be happy to support him. However, I want him to be more proactive in communicating with shareholders. Maybe bring back quarterly trading statements!

At this stage, I think it is time for Kamani to step down. Frasers will be ready with another open letter and further Telegraph stories after the results if Kamani stands for re-election.

RevB will probably have another £10m rights issue mid 2026 when covenant holiday ends.

Ultimately, creditors are stuck in this and will have to keep on rolling over debt. That's a short window though for mgmt team to show that RevB has positive cash flow.

Another poster did suggest yesterday that maybe it was the auditor who wanted more liquidity before saying business was going concern.

I think same poster also mentioned that there were significant lay offs. Admittedly it would be bad taste for employees to find out they are being made redundant in results announcement.

Both of these may be the reason for delay.

I’m hoping for something substantial out of business review.

If the conclusion of business review is ‘marketplace model’, then this would be disappointing.

Neither the refinancing nor RevB placing are sufficient reasons for Debs to postpone results.

There must be another reason: business review

RevB is noise. I still think RevB has serious problems and is at risk of administration when covenant holiday ends next May.

The focus should be Business Review announcement next week and FY26 guidance.

Bottom line: Boo has made the right decision not to bid.

I don’t know if RevB will survive, but given the amounts we are talking about, I have no issue with mgmt using a bit of discretion here with shareholder funds and partaking in placing.

I see they have already raised £15m. I’m assuming institutions took up the balance.

With any loan application, you are asked the purpose of the loan. I suspect TPG also influenced Boo’s decision in order to protect its own debt.

I’m pleased Boo isn’t acquiring RevB. Using TPG proceeds to bail out RevB debtholders would have been poor capital allocation.

I don’t know whether RevB can survive long term. I hope it can.

I welcome today's news. Hopefully they can drip feed positive news for the remainder of the year so we can have a few more 10% plus days!

My observation is this: I do not believe the refinancing was the reason for the delay in results. Maybe it is part of a bigger picture but in isolation, it is not enough of a reason to delay. Similarly, I do not see RevB as being enough of a reason unless it is part of a bigger plan. Therefore, do we think that there is something else in business review to be announced next week?

Ashley walked away from RevB in 2 days.

Respectfully Bfd, there are not multiple bidders willing to buy out equity and bond holders.

Show me Dan.

Numbers.

AI is not a competitive advantage. It’s a necessity to survive.

Buying assets from admin is a buyers market.

The likes of Mike Ashley put in cheeky bids. Take it or leave it.

Credit to Kamani, he pinched Debs from Ashley which has resulted in grudge.

I do wonder if it is wise for Boo to bail out RevB.

If RevB went into admin, equity holders would be wiped out and debt holders take big haircut.

Debt holders and equity holders are hoping Boo bails them out with TPG money.

I am rooting for Dan. I hope he does well when he delivers “credible plan”.

However, the lack of shareholder engagement has been ruthless for share price. I think his inexperience of being a PLC CEO has been shown. Unless credible plan delivers? We need 42% to get to 20p.