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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Last
63.5¢ |
Change
-0.010(1.55%) |
Mkt cap ! $1.097B | |||
| Open | High | Low | Value | Volume |
| 64.0¢ | 64.5¢ | 62.5¢ | $3.021M | 4.749M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15000 | 63.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 63.5¢ | 2318 | 2 |
View Market Depth
| Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
| MYR (ASX) Chart |