MYR myer holdings limited

Myer currently trading at circa 4x operating cash flow, employee...

  1. 584 Posts.
    lightbulb Created with Sketch. 97
    Myer currently trading at circa 4x operating cash flow, employee expense at A$300m. Would make sense for a M&A, combine board, simplify management, stop failing strategy, CAPEX and further cost synergy. Share price is dropping due to continuous shorts, but existing shareholders would be more reluctant to sell at loss, especially when Myer's market cap is already lower than its Net assets, once share price flattens out, some M&A potentials should emerge. Watch out for next cash rate hike though, shorts will gather on that sentiment.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
60.5¢
Change
-0.045(6.92%)
Mkt cap ! $1.045B
Open High Low Value Volume
64.5¢ 64.5¢ 60.5¢ $17.48M 28.92M

Buyers (Bids)

No. Vol. Price($)
22 368673 60.5¢
 

Sellers (Offers)

Price($) Vol. No.
61.0¢ 129521 2
View Market Depth
Last trade - 16.10pm 31/07/2025 (20 minute delay) ?
MYR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.