https://www.fticonsulting-emea.com/cip/debenhams-plc
More documents and info on the administration process. Seems a group of lender will take control while the bond holders, at least at the moment, will not be affected or included in the process. This as far as I understood.
Thank you so much for taking the time to explain that. It actually made sence to me (mostly!).
Rather than me asking lots of questions, I donāt suppose you know of an online resource that explains things like this that I can look at? Most of the online resources I have found are technical and donāt make much sense (to me anyway!)
You could also ask your questions in the Ask Your Beginners Questions Here thread on the forum! Iāve learned a lot reading that thread and people seem very happy to help.
Sad times wiping out my Debenhams shares on my google sheets spreadsheet 
Who knows maybe Ashley will successfully take them to court 
They have not been wiped out yet?
Itās highly probable though, right?
Total newbie to this, but you never know! 
Hello.
Iāll admit Iām a bit of a newbie when it comes to shares but I do hope someone would help me.
So, I too purchased some DEB shares. When it looked a bit risky, I sold the shares on Monday morning (and paid for a quick sell).
Now, I assumed this meant I was āoutā.
I waited two business days and my cash is still stuck in āunsettledā.
I receive this message from customer supportā¦;
āwhile you put the sell through, and it executed, it does not settle (i.e. the cash is not received) until two days later. This is standard market practise. As the shares were suspended from trading on Tuesday, no Debenhams trades have been able to settle since then.
There is unfortunately nothing we can do about this, and this will have happened to everyone who traded on Friday or Monday, and we are waiting for the market to agree on how to proceed (in theory Debenhams could relist and then the trades would settle automatically). As soon as we know more, we will manually settle these and once the cash is received it will be available to withdraw.ā
So does this mean that unless DEB relist, I wonāt get the money for the shares I sold?
As I said, new to all this so sorry for the silly question!
Hi,
Letās carry on this conversation in the private messages, but to provide clarity to anyone else who traded in Debenhams at the start of the week, due to the suspension of trading on Tuesday morning the settlement (that is receipt of the cash for a sale) has been delayed while the market works to resolve outstanding trades.
You will still receive the cash you are due, irrelevant of what happens with Debenhams going forwards, but it will be delayed for a short while. As soon as we know more we will contact all those impacted.
Thanks,
Rob
Debs should not have been listed on Freetrade to trade, given itās risks.
It would be a dangerous precedent to refuse to add a company in case of future events, that seems a lot like investment advice
For a start it was a publicly traded company and if the London Stock Exchange were happy to keep them I donāt think itās for a broker to refuse.
Secondly that would lead people to believe that every other company Freetrade has added with never have an issue.
People need to do their own research 
Maybe the freetrade crystal ball was broken? Which other shares should freetrade not list? (In case of future problems?)
Sometimes I wonder if Freetrade employs a monkey to throw a dart at a board to choose which stocks to list. Stocks like Debenhams, Boohoo, Square, Tesla and Nvidia are highly speculative and can have massive swings in a bear market. The reason being, zero to little profitability.
What you should have done is focused on stocks with naturally low betas like Walmart, McDonalds etc to list as a priority. I am still waiting for Berkeley Group Holdings to be put on Freetrade, given with such a weak sterling and brexit risk, housebuilders trade so cheap. But alas, I can have Debenhams.
I have been watching Debenhams for 2 years, I saw itās demise from over 30p to 2p. When something is trading at 2p, there is something seriously wrong with the business. When the stock is moving up and down 20% in a day, there is something seriously wrong with the business.
True, I imagine freetrade are desperate to enable people to lose as much money as possible ā¦
Freetrade are adding stock as and when they can, and a lot of what they add is driven by community demand.
In time freetrade will [probably] list all stocks across numerous markets.
They do not offer advice, they offer a platform ā¦
I assume you have also complained to AJ Bell, Hargreaves etc too?
Werenāt McDonaldās, Tesla, Walmart et al added on the same day?
Is Berkshire Group Holdings different to the one already in app?
I think you will find a lot of professional and well informed investors put money with Hargreaves Lansdown. These are people with experience in the market, CFAs, masters in finance etc, who can stock pick. Freetrade appeals to a younger crowd, who may or may not know what they are doing.
Some people have asked for AIM shares also, and letās be honest nothing is more risky and crooked than AIM - what do you think should they offer them or not? What about shares that deal in tobacco and alcohol? Where should freetrade step in and decide what you can and cannot do with your money?
Yes, Berkeley Group Holdings is a housebuilder trading at 6 times earnings in a brexit storm, yet Freetrade donāt have it. Berkshire Hathaway is Warren Buffettās company.
AIM is a casino, but itās just weird to have an initially batch of shares that includes Debenhams. When every man and his dog who works in finance knows the hedge funds are shorting that stock to the ground.