MYR myer holdings limited

This stock is unbelievable. Market cap of $239m, yet had a net...

  1. 1,506 Posts.
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    This stock is unbelievable. Market cap of $239m, yet had a net cash balance of $217m ($274m cash less debt) at the Dec 21 period. I mean unless we think are closing up shops and going bust in a year or two, how does the market justify the current valuation? Even if we go into a recession, this is unbelievable. Did I miss something?
 
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(20min delay)
Last
62.8¢
Change
-0.008(1.18%)
Mkt cap ! $1.084B
Open High Low Value Volume
62.0¢ 63.5¢ 61.8¢ $1.517M 2.421M

Buyers (Bids)

No. Vol. Price($)
28 178732 62.5¢
 

Sellers (Offers)

Price($) Vol. No.
63.0¢ 224825 27
View Market Depth
Last trade - 12.41pm 18/06/2025 (20 minute delay) ?
MYR (ASX) Chart
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