I didn't want to start a new thread so i thought I will post this positive information here with other holders!
I got in not long ago when SP around $0.50 seeing the transformation and feel confidence in the management handling of the business despite COVID, and I feel the SP current is still attractive and more upside!
I have been checking how their online business is doing, and I am very impressed so far. You can see the monthly changes on similarweb
https://www.similarweb.com/website/myer.com.au/
Even though Myer's website traffic has a slight drop in Oct (down 2.9%) , comparing to David Jones (down 7.1%) and Kogan (down 6.61%), they are holding up really well as most other online shop traffic has dropped thanks to reopening.
I would expect the upcoming half yearly report to be very encouraging due to reopening of stores. I will be looking to topping up if the SP drop towards the $0.50 which has very strong technical support. GLTAH!
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Last
83.0¢ |
Change
0.020(2.47%) |
Mkt cap ! $695.1M |
Open | High | Low | Value | Volume |
81.0¢ | 83.5¢ | 81.0¢ | $2.026M | 2.462M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2 | 82.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
83.0¢ | 80244 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2 | 0.820 |
6 | 66073 | 0.815 |
9 | 123291 | 0.810 |
4 | 48911 | 0.805 |
11 | 198864 | 0.800 |
Price($) | Vol. | No. |
---|---|---|
0.830 | 80244 | 8 |
0.835 | 114396 | 8 |
0.840 | 173723 | 6 |
0.845 | 23144 | 5 |
0.850 | 58972 | 8 |
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