Positive RNS’7 Apr 2020 20:32
A read this as a ‘potential raise if we need it’. Correct me if I’m wrong but this isn’t committing to a raise, it’s stating the possibility is there if we need it, to raise a substantial amount of cash in a short period of time. Don’t get me wrong but I read that as a fantastic bit of news. If we need it, it’s there. If we don’t need it, we don’t use it. Please correct me if I’m wrong (I may well be..) but surely this gives all shareholders comfort over ASOS’ ability to continue operating through this global downfall which backed with fantastic interim results should be taken as great news, no?