RE: Revenue11 Mar 2024 17:53
It’s a draw down facility that negotiated last spring.
Assume they use it to restock with seasonal lines.
It is renewed/reviewed in April so assuming they have asked to increase it (marginally) and extend it into NewCo?
Clearly it’s a SDRY Plc draw down facility.
They had a cash surplus in Jan but assuming they are restocking for spring/summer?