RE: Bfdinvestor11 Nov 2025 15:24
I agree cash is a real concern. I have been through the 7 stages of grief with this stock although luckily not for a massive amount - it would have certainly hurt more than just my finances if I had worried about every single what, if-but and maybe. Some abysmal decisions made over the last few years and some gambles that seemed the right direction at the time but failed to pay off for a variety of reasons. A lot of your issues mentioned before have been addressed by the people with years and years of industry experience.
If this year was about applying the brakes and reducing workforce, reducing inventory and overheads, fixing the quite frankly embarrassing returns process and realigning with what could be worked into a profitable business then I can see a recovery is possible. NO amount of dragging up the past, or fretting in the weeks up to the business updates will change that. We were full speed and committed to many vanity projects and 50/50 gambles and I can see quite clearly Dan is attempting to unravel that and pivot in a way he did with Debs division.
Agree fully cash is king and if the company is still bleeding to death so to speak then I guess I've accepted that, if they are brave enough they could go cap in hand to MA who may be willing to assist as a last resort. Dan HAD to be given the time in my view.