However, read the link and you will see that Woolworths sold the 'enterprise' to Anchorage Capital Partners in 2012 for $115Million - Anchorage Capital Partners listed it on the ASX at $520million. http://www.anchoragecapital.com.au/
It is now worth less than $60million - and carrying too much inventory, very little sales activity and too much debt.
Cheers - John
-- Edited by rockylizard on Sunday 10th of January 2016 07:48:28 AM
Dav4Cris said
12:10 PM Jan 10, 2016
It's only if you bought the gift card from Coles that they will help you out, bought from anywhere else and bad luck you done your dough at the moment.
Gday...
http://startsatsixty.com.au/living/shopping/surprising-good-news-in-the-dick-smith-saga-hats-off-to-this-retailer-for-finding-a-solution?utm_medium=email&utm_campaign=Daily%20Starts%20At%20Sixty&utm_content=Daily%20Starts%20At%20Sixty+CID_3dabafecfe4c5e4a7682c20d6270e4bc&utm_source=EDM&utm_term=Surprising%20good%20news%20in%20the%20Dick%20Smith%20saga%20%20hats%20off%20to%20this%20retailer%20for%20finding%20a%20solution
Cheers - John
Now that is interesting.
Really good to read a "feel good post"
Thanks Mike.
en.wikipedia.org/wiki/Dick_Smith_(retailer)
Gday...
I fixed your like Jade46.
However, read the link and you will see that Woolworths sold the 'enterprise' to Anchorage Capital Partners in 2012 for $115Million - Anchorage Capital Partners listed it on the ASX at $520million. http://www.anchoragecapital.com.au/
It is now worth less than $60million - and carrying too much inventory, very little sales activity and too much debt.
Cheers - John
-- Edited by rockylizard on Sunday 10th of January 2016 07:48:28 AM