price has fallen from $4.10 to $2.13 at the middle of November MYR slow to respond to on line shopping
Unlocking further the inherent value in Myer card membership which accounts for around 70% of sales and has more than four million members is critical to sales growth.
Ms Anne Brennan as a Director is a director of Argo, Charter Hall, Echo, Nufarm, Rabobank (Aust/NZ) and Cuscal, (has advised of her intention to retire from this company), in addition to her Myer directorship. She is a member of five audit committees and four remuneration committees and is chair of the Myer audit committee and the Echo remuneration committee. This workload given the challenges facing some of these companies is significant and ASA seeks a commitment to reduce her directorships.
so MYR is finding the competition tough. Conditions are tough for the old school now.. technology is challenging usn all
MYR Price at posting:
$2.17 Sentiment: Buy Disclosure: Not Held
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