Wow!!! If this article is correct, it will explain the severe short covering recently. The subsequent drop in price is in the absence of any news from co.
This article issued after the market closed yesterday.
IMO would be surprised if share price doesnt at least reach 30 cents today. It is a major overhead reduction to pay 6pc of sales as a lease payment and I think we have a lot to thank Solomon Lew who would have started the negotiations with landlords and Myer will reap the reward.
Wow!!! If this article is correct, it will explain the severe...
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Last
82.5¢ |
Change
0.005(0.61%) |
Mkt cap ! $686.2M | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 84.0¢ | 79.0¢ | $1.555M | 1.891M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 20169 | 81.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 82.5¢ | 70001 | 4 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MYR (ASX) Chart |