I doubt it...
Did you take a look at the cash flow?
There are not many companies capitalised at 1.3B which generate over 400m per year in cash flow.
If this was privately held the owners would be getting their purchase price back in three years.
One day people will wish they bought in the low $2 range.
News: Myer H1 profit drops 19.8% , page-3
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Last
78.0¢ |
Change
-0.060(7.14%) |
Mkt cap ! $648.8M | |||
| Open | High | Low | Value | Volume |
| 78.0¢ | 81.0¢ | 76.5¢ | $4.788M | 6.123M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 15634 | 77.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 78.0¢ | 130460 | 2 |
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| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| MYR (ASX) Chart |