Boohoo (BOO) 👕 - Share Chat

Right now I’m worried they may need to sell their plant in the US to recoup some capital. I’m worried to that level with BOO.

They have £325 million in revolving credit finance available to them. That’s up from £100 million in March 2022. Why wouldn’t they use that?

They will but I’m saying that it wouldn’t last them for a full year that amount of money. They spent nearly that much just to maintain operations for the past 5 months.

Ah, I see. I thought you said you’re holding? Why not sell and cut your losses?

I think over the long term they will be fine thats why I’m not selling. My average is £1.25.

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they are such a dodgy company!

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It is their culture.