Very positive statement this is8 Aug 2020 11:50
A question asked to AMC Chief
"are you better-off open or closed? "
By our calculation, it were more than about 25% of last yearβs volumes. Weβre better off open than shut. Because the theatres would be cash positive.
So only one fourth(1/4) occupancy compared to last year occupancy is generating positive revenue, but we know from the recent press releases that occupancy is almost touching or exceeding past year.
I am not giving away my Β£2 worth of share for 35p.