PP:
I just read the link you posted and surprise surprise, the author has similar sorta views to me.
The IPO reminds me of those dodgy sales they seem to have year round at Myer and DJ with 5-10% off items which are 50% overpriced to start with lol!
Just my opinion. I have not examined the numbers or anything but the P/E indicated by the author of the article of 17+ is outrageous. Perhaps better investments on the ASX at the moment.
Oh and I guess Zara posted this on the WES thread only because Myer was previously owned by WES?
myer float to buy or not to buy, page-6
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$71.38 |
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Mkt cap ! $80.95B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 3558 | $74.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $64.25 | 2095 | 5 |
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