Don't know about meme stock, but Myer is massively undervalued, they're FCF postive, have 250million in cash. Growing their e-commerce section YoY by 77%. E-commerce makes up over a fifth of their sales.
Much like GameStop, the narrative is that brick and mortar is dead, and Myer is hanging on a knife's egde. But those who did deeper see the value and massive upside. A company with no debt, rarely goes bankrupt.
An Aussie Meme Stock?, page-3
Add MYR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
86.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $719.5M | |||
| Open | High | Low | Value | Volume |
| 87.0¢ | 90.0¢ | 86.0¢ | $2.607M | 2.975M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 20236 | 85.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 87.0¢ | 15317 | 2 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| MYR (ASX) Chart |