Looks like many jumped out to help out PPP but have helped those dropping the SP. A return to 0.07p in the next 10 minutes will be a good indicator. Still have the next few hours for big gains.
RE: Advisors appointed to re finance debt (just seen on Bloomberg tv26 Jul 2024 23:13
Lenders to Boohoo Group Plc have hired advisers to thrash out a deal with the British online clothing retailer as it faces a looming £325 million ($418 million) debt wall and mounting losses.
Well the RCF is in two parts as far as I remember. If sales get a boost in the next year a sizeable chunk will be repaid. If sales continue the current trend then re-financing the RCF will be expensive. Better to sell Debs to Frasers & clear the facility. Whatever happens the SP is likely to rise during the next two years.