for Lew myr is a rounding error relatively speaking
interestingly , despite the 29.5 close on the ASX , the CHi X exchange it closed at 31.3 with similar volume across both exchanges
these are the kind of opportunities that are discussed in Seth Klarmans book safety of margin. An insto selling a 1% holding Myer at 32 c vs 29.5 makes absolutely no difference to performance , a few basis points whereas for an investor buying that can be a 7% gain
I am confident it will bounce back to 32-33 early next week
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