Yep agree, the risk now is that the current 80 cent sp is factored in, so technically it's at fair value base on this drop. Also the question is will the market review this and be happy to get behind the growth story? E commerce like kogan and rbl have been smashed buy myd still remains somewhat neutral, growth and cash is good, but a great long term stick it will be whether the private label can capitalise and increase revenu... next quarter will be really important imo
MYD Price at posting:
78.5¢ Sentiment: Buy Disclosure: Held