I did ... and bought a few just to see what happens..
My naive and confirmation-biased TA told me to do this on the basis I interpreted the Bollinger Bands that Commsec obligingly added to the chart when I tapped the magic button as the useful ‘Head of a Cobra’ formation which often indicates a bounce to the upside (depending on Wall Street dreaming.)
Also the high volume trades all seemed to be caught by someone ( is this called resistance?) at around 20 or 21c)
View attachment 2469032
Plus I liked that total sales were $2,519.4M - higher than the AFR broker forecasts. (See yet another AFR excerpt for those below ).
The EBITDA - at $93.5M - was lower than the broker forecasts highlighted .... Much lower - with UBS and JP Morgan being wildly out..... but my confirmation bias overrode that.
And the company was accurate in the positive August 6 extended finance announcement - giving ‘a stable platform to 2022 -
[see here].
As well as the extended finance it said;
.... ‘
the Company expects to report a small net cash positive position at the end of FY20.
This compares to $39m in net debt at the end of FY19.
...And cash was indeed reported positive at $7.9M today
- so if it keeps going at same rate, cash will amass at just under $47M pa?
Plus Covid quarantine will pass.
And there does seem to be evidence of intent to survive...
But please don’t take my thoughts on board, as I don’t think the Bollinger Snake’s Head formation actually exists and only the links are relevant.
cheers
https://www.afr. com/companies/retail/myer-s-silence-leaves-investors-in-the-dark-20200702-p558dc
July 2, 2020
... “Myer's sales are understood to have fallen by more than 50 per cent in April, when the retailer shuttered stores and stood down 10,000 staff, many of whom were entitled to JobKeeper subsidies.
Myer started reopening stores in May but has given no indication whether it experienced a rebound in bricks-and-mortar sales and has not revealed online sales growth during the lockdown period.
Myer's total sales fell 3.8 per cent to $1.6 billion in the six months ending in January but same-store sales rose 0.4 per cent, after excluding the exit of Apple and the loss of Country Road Group brands.
Online sales rose 25 per cent to $168.2 million in the first half, reaching 10.5 per cent of total sales, and are likely to have accelerated over the past few months, judging by the strong e-commerce growth seen by other retailers such as Adairs, David Jones, Accent Group and Kathmandu.
According to consensus forecasts, analysts still expect Myer to report earnings growth this year, even though sales are forecast to fall 17 per cent to about $2.49 billion and gross margins are likely to take a hit from industry-wide discounting.
Forecasts unclear
Analysts are forecasting earnings before interest and tax of about $105 million compared with $58 million in 2019 and $55 million in 2018, while EBITDA is forecast to rise to $321 million compared with $160 million last year.
However, it is unclear whether these forecasts are adjusted for changes to lease accounting standard AASB 16. Broker CLSA, for example, is forecasting EBITDA of $119 million in 2020 versus $160 million in 2019, while UBS has a $368 million forecast and JP Morgan $332 million.
Myer shares rose 19 per cent on Wednesday, from 18.5¢ to 22¢, and gained another 1¢ on Thursday before closing flat. Last week they traded as high as 31.5¢.
A spokesman said the company was aware of its continuous disclosure obligations but no longer issued quarterly sales updates.
He declined to comment on recent reports the retailer was close to finalising refinancing negotiations.
An Australian Securities Exchange spokesman said the ASX was satisfied with Myers’ continuous disclosure at this time and was continuing to monitor the share price.
All Myer's stores remain open in Victoria, despite the second COVID-19 outbreak in several Melbourne suburbs. Myer's store support centre in Docklands also remains open although most store support staff are working remotely.
Last month Myer cut 90 jobs from head office to cut costs and another 45 people were redeployed to new or redefined roles....” 
Good morning Capitol S.........another 'pie' to add to the collection?
(20min delay)