RE: More positive article for once13 Nov 2023 16:37
If TS is sold for a good price, this could re-rate. It's the precarious financial position that ASOS is in which is dragging this down. In my opinion I do not believe the performance numbers are that bad considering the economic backdrop and the return to bricks and mortar. Drop is overdone but these things always take much longer than you would expect to recover. It must be luck, patience is required here. Interest rate cuts could see this climb back to £10 very quickly.