https://www.theage.com.au/business/companies/myer-profit-beats-expectations-as-online-business-shines-20190904-p52nzu.html
PROFITS can occur if ALL COSTS are REDUCED and ARE less than REVENUE!
101 Economics, KP! Doesn't matter what the product is!
Look what happened to the SP of Myer (link) for pure economic reasons, WP!
Do a deal & reduce costs ffs! Spots change?
Do the above & sentiment may change! lol
The Elephant may get some market credibility back!
imo!
Note relevant opinion based on the precarious state of the AHZ financials & current long suspension from trading!
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- Ann: Appendix 4D and Half Yearly Financial Report
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