While many who purchased at lower levels will be well ahead - no complaints from me - slight weakness in the MYR SP in the last few days might not just be profit taking, but investor disappointment that since the PMV results were announced, there's not been any news as to whether the mooted ambition of Mr Solomon Lew will progress.
He can gradually increase his entity's holding despite him recently declining to do so under the three per cent provision as mrriesq informed us (thank you), but some MYR SH, especially retail holders minority by value, would have been hoping for a 'big bang' announcement.
MYR Price at posting:
80.0¢ Sentiment: Hold Disclosure: Held
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