MYR 0.65% 77.0¢ myer holdings limited

Price has closed the gap formed at the start of the year when...

  1. 785 Posts.
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    Price has closed the gap formed at the start of the year when price jumped from 66 to 68 and rallied strongly. The directors and Lew have bought big in the 50s, and that's where i see the strongest SP support. May June July have been bearish months in previous year's. King's replacement is yet to be announced, small divi expected September, the broader Australian market banging is head on 8000 points with materials and resources rallying recently. Woolies and Telstra looking soft, a bell weather for consumption. Solly has a controlling stake and hasn't rushed in yet.
 
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