Moving on23 Mar 2019 08:42
With the battle between Mike Ashley, the lenders and the bondholders going on for control of Debs,
the retail lending industry seems to have learned some lessons over the HoF/MA administration fiasco.
With the shareholders already shafted, and the staff and landlords sitting at the side knowing that some of them are next, the battle goes on.
I've no idea what the final outcome will be but common sense tells me that big Mike will get the company, the banks will get some equity in the company and the rest of us, well we already know what were getting.
I suppose I was lucky I got out with only a 70% loss, an expensive lesson for future investments.
D.