Yeah, it's a really interesting dynamic. The shopping centres now quite need Myer as an anchor tennent and Myer is starting to play hard-ball.
If you were a smaller hairdresser, butcher, newsagent, cafe ect, would you really want to sign a new long lease if you thought that the Myer was going to move? Half your customers would probably start going to a different centre.
Ann: Half-Year Results - Release and Presentation, page-36
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77.0¢ |
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Mkt cap ! $644.6M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 6 | 72152 | 76.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
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