MYR myer holdings limited

Ann: Letter to shareholders, page-9

  1. 1,083 Posts.
    lightbulb Created with Sketch. 19
    My first question to myself was if five board members have retired why have seven new ones been appointed? Do we need an extra two?? Or is this the Chairman not explaining himself properly???

    As for His record at Qantas, well in the 10 years he was there the board presided over the near total annihilation of Qantas including the debacle of the capacity fight with Virgin.

    What about aligned interests? Would it not be in the best interest of a major supplier to ensure one of their largest customers continues to operate in a successful way?

    And I really like the one where he states he will take personal interest and accountability in the area of the loyalty programme. I would have thought that would be part of the job over all of MYER no need to tell us, just do the job. In any case personal accountability would be "Sheet it's going down, I'll take a several million payout and i"m out of here" As occurs most times in corporate Australia.

    So to me, I'm not interested in the she said, He said children's game just get on with doing a good job and show us how good you are. Surely if you get voted down, as a talented and experienced board you should have no problems overcoming.

    Thats if the Board is as good as this letter makes out.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
61.5¢
Change
-0.020(3.15%)
Mkt cap ! $1.062B
Open High Low Value Volume
64.0¢ 64.0¢ 61.0¢ $4.251M 6.859M

Buyers (Bids)

No. Vol. Price($)
33 493668 61.0¢
 

Sellers (Offers)

Price($) Vol. No.
62.0¢ 81300 1
View Market Depth
Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
MYR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.