Myer currently trading at circa 4x operating cash flow, employee expense at A$300m. Would make sense for a M&A, combine board, simplify management, stop failing strategy, CAPEX and further cost synergy. Share price is dropping due to continuous shorts, but existing shareholders would be more reluctant to sell at loss, especially when Myer's market cap is already lower than its Net assets, once share price flattens out, some M&A potentials should emerge. Watch out for next cash rate hike though, shorts will gather on that sentiment.
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Last
62.5¢ |
Change
-0.010(1.57%) |
Mkt cap ! $1.080B | |||
| Open | High | Low | Value | Volume |
| 63.0¢ | 63.8¢ | 62.3¢ | $3.577M | 5.686M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 36331 | 62.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 63.0¢ | 169005 | 6 |
View Market Depth
| Last trade - 16.10pm 07/08/2025 (20 minute delay) ? |
| MYR (ASX) Chart |