Being a contrarian is profitable only when the business fundamental is strong, I like myer, however the risk of default is too high. Online sale % is too low to make up for foot trafic. Plus all the lady wouldnt want to spend on new clothes or makeup if you cant go out to show off to everyone. John King is awake of the chance of default hence going to reneg term with the bank. My view its abit too little too late. I might be wrong. However a rebound is hard to see until a vaccine is on, which is about 2 year time. I would hold my cash till then
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Last
60.0¢ |
Change
-0.015(2.44%) |
Mkt cap ! $1.036B | |||
| Open | High | Low | Value | Volume |
| 62.5¢ | 62.5¢ | 60.0¢ | $16.61M | 27.59M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 67 | 2196860 | 60.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.0¢ | 39085 | 5 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| MYR (ASX) Chart |