Shorts at current already accounts for over 15%, how much does the stock need to get shorted further to get to half of its current market cap? Very interested in how you got to the calculation of A$300m, which would be circa 4xPE and less than 2x operating cash flow; and how does that compare with Myer's market peers? Note that PMV acquired Myer share at 1.15/share, how logical is it for them to sit still till share price fall to near a quarter of their acquiring price?
MYR Price at posting:
70.0¢ Sentiment: Hold Disclosure: Held
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