RE: Southcoastbather9 Sep 2025 11:20
Its pretty simple tbh, only a complete fool doesn't understand.
When the rns drops to notify the market that the company has fallen into administration, the company goes from solvent to insolvent at that point.... Its the flick of a switch, the drop of a hat etc....
Fear not though boohoo is not in financial distress... The sp should comfort you as its not hit zero yet.... Its only down from 430p to 13p currently.