Latest Breaking News On - ஜஸ்டின் டேவிஸ் - Page 21 : comparemela.com
Stephen Fry to open Brynmawr school online literary festival
southwalesargus.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from southwalesargus.co.uk Daily Mail and Mail on Sunday newspapers.
M S S Project 公式ブログ - 古い写真みっけたサルベージ - Powered by LINE
lineblog.me - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lineblog.me Daily Mail and Mail on Sunday newspapers.
Castor Maritime (NASDAQ:
CTRM), which used the gullibility of small investors to buy cargo ships. Stocks with tiny market caps are easy to manipulate. All it takes is a story.
Our Matt McCall surmises that Naked Brands became attractive simply because of its ticker symbol, NAKD. It’s the kind of thing middle-school boys will snigger about in hallways, and many WallStreetBets players are no smarter.
But much like
AMC Entertainment (NYSE:
AMC), which used its short squeeze to recapitalize with stock, Naked Brands management seized its 15 minutes of fame. They sold stock to put over $200 million on the balance sheet. They are dumping Bendon, the store chain that had been behind the company in the first place. Now they claim to be an e-commerce play with cash on the balance sheet, hungry for acquisitions. That’s why the shares aren’t back down to 22 cents.
May 10, 2021
Naked Brand Group (NASDAQ:
NAKD) just completed the management buyout of its New Zealand / Australian retail Bendon fashion stores. Now the company has “$270 million in cash and no debt,” according to a statement by the company on April 23. That means NAKD stock is selling close to or even below its cash balance.
Source: Shutterstock
The reason for the ambiguity is that it’s a little unclear whether that $270 million is in U.S. or New Zeland dollars. The company reports in New Zealand dollars, but Naked Group’s recent capital raise of $94.898 million was in U.S. dollars (at the price of 83 cents per share, 80.66 cents after expenses).
PETER PETROFF
Special to the Independent Tribune
HARRISBURG â On Friday, South Caldwellâs softball team defeated top-seeded Hickory Ridge, 16-0, in five innings in the Class 4A state quarterfinals on the Raginâ Bullâ home field.
After a scoreless first inning, fourth-seeded South Caldwell - the 2019 4A champions - put on a show in the top of the second, producing eight hits and nine runs to effectively put the game away. The Spartans, who finished with 19 hits, won by way of the state-mandated âmercy rule.â
âThatâs probably one of the best-hitting teams that Iâve ever seen,â said Hickory Ridge coach Justin Davies of the Spartans. âEvery one of them attacked the ball, they were aggressive, they had great swings, great coaching. Theyâre going to go deep, and thereâs a reason why theyâre the deafening state champs.â
vimarsana © 2020. All Rights Reserved.