RE: Mike Ashley2 Sep 2022 16:48
Wolf, this is magazine talk, something that you would read in motley fool or sharemagazine. Reality on the ground is, I don’t want to go through them again, I’ve explained loads of times.
In short, due to cines debts, the business they are in, the sites that they occupy, the businesses that run off cines locations, the distributors, Hollywood, Xmas, the court case with cineplex and the mktcap.
Putting all these things into perspective, a mere share dilution doesn’t achieve nothing, neither does bankruptcy and there isn’t no buyers of the business with cines crazy debt. There is going to be a all round solution, similar to two years ago.
If you have an alternative solution to the problem, I’ll love to hear it. The reason we haven’t heard anything yet, neither cine or creditors have a solution yet.
Imho DYOR