RE: Placing29 Mar 2024 10:54
If the sp falls to say 12p on Tuesday, the mcap at £12m might look attractive to the likes of Mike Ashley who has a stated aim of taking his group up market and he could operate without the expensive loans that are hobbling the company just now.
As an aside, anyone remember the great announcements JD made when he sacked the previous ceo, about the great reset of the brand . Laughable - the previous team must be feeling much better just now given he has really messed up.