Mccoll's Retail (LON:MCLS) reports PAUL SCOTT28 Feb 2022 14:17
Mccoll's Retail (LON:MCLS) - Ominous press coverage over the weekend suggests to me that this share is probably worth zero, with insolvency looming. Too much debt, and supply chain problems look set to overwhelm equity, leaving debt holders in the driving seat, and equity holders probably wiped out in an imminent administration. I would get out while you still can, at any price that's high enough to cover the stockbroker's selling fees.