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0.77%

64.5¢ myer holdings limited

either that or they want to take the whole thing over.

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Mareed

542 Posts.

57

20/03/24

21:39

Post #: 72983620
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Originally posted by mrriesq: ↑

Yeah, I read that earlier on The Australian daily emails.

Very interesting article. The author somewhat simplify how hard it would be to actually issue enough equity to get them over the line a little. They'd likely need shareholders approval on that amount of Script, and then you still have a heap of minority investors complicating everything and making noise on Governance.

Easiest would probably be to wrap-up Myer into the Premier stable, then restructure everything exactly as you want it to be. Myer Market Cap is still relatively small, and they own 30% anyway.

The other interesting bit is they haven't bought their 3% this half, even though they are entitled. Could be a sign they have material information that is stopping them from dealing in the stock. That's just a guess.

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either that or they want to take the whole thing over.

MYR Price at posting: 83.0¢ Sentiment: Buy Disclosure: Not Held
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(20min delay)
Last 64.5¢		Change -0.005(0.77%)		Mkt cap ! $536.5M

Open	High	Low	Value	Volume
65.0¢	65.0¢	64.0¢	$235.6K	365.3K

Buyers (Bids)

No.	Vol.	Price($)
6	88969	64.0¢

Sellers (Offers)

Price($)	Vol.	No.
65.0¢	35591	4

View Market Depth

No.	Vol.	Price($)
3	75620	0.640
1	820	0.635
5	19363	0.630
3	81325	0.625
11	99894	0.620

Price($)	Vol.	No.
0.650	30591	3
0.655	60403	2
0.660	67246	3
0.665	11219	2
0.670	14682	3

Last trade - 16.10pm 07/06/2024 (20 minute delay)


Last 64.5¢			Change -0.005 ( 0.25 %)
Open	High		Low	Volume
64.5¢	65.0¢		64.0¢	33307
Last updated 15.59pm 07/06/2024 ?

MYR (ASX) Chart