By Steve Moore | Monday 7 August 2023
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Previously writing on branded clothing, accessories and footwear company Superdry (SDRY), in May with the shares falling to around 80p I questioned it arguing “the brand is recovering well… believes that the equity raise, along with the suite of measures… will provide the stable base necessary to underpin future success”. And today… a “Secondary lending facility of up to £25m” announcement. After little more than three months, brand recovery and equity raise and related measures now not providing the necessary stable base then?!
Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.
Filed under:
Sunday »
Saturday »
Friday »
Thursday »
Wednesday »
Tuesday »
Monday »
Sunday »
Saturday »
Friday »
Tuesday »
Monday »
Sunday »
Saturday »
Friday »
Thursday »
Wednesday »
Tuesday »
Monday »
Sunday »
Saturday »
Friday »
Thursday »
Wednesday »
Tuesday »
Monday »
Sunday »
Saturday »
Friday »
Thursday »
Wednesday »
Tuesday »
Monday »
Friday »
Thursday »
Wednesday »
Tuesday »
Monday »
Sunday »
Saturday »
Thursday »
Wednesday »
Tuesday »
Monday »
Sunday »
Friday »
Thursday »
Wednesday »
Tuesday »
Monday »
Sunday »
Time left: 00:14:53