Business
ASX dips at open; info tech outperforming – The Sydney Morning Herald
The S&P/ASX200 dipped at the open, but soon flattened as gold miners, information technology, and banks made gains.
Mosaic Brands, the retailer behind brands like Noni B and Rivers, has quelled auditor concerns about the business ability to continue as a going concern after restructuring its financing.
The company told investors today it had renewed its $25 million working capital facility with ANZ, noting the accounting related material uncertainty commentary flagged in its full-year accounts last August had been resolved.
Mosaic has been one of the retailers hit hardest by the COVID-19 pandemic as the company…
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