Myer is betting that the share price won't plummet when it re-opens I don't think the market is going to like this even with the discounted raising price. IMO not a very a good deal for holders especially since there are no dividends now it will be a long hard wait until a turnaround is seen. If it goes under a dollar I expect most people will cut their losses and put whatever left in another stock that has more potential. Private Equity really did the dirty on shareholders here who participated in the IPO.
Ann: Myer Full Year Results (FY2015) Release & Entitlement Offer, page-13
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Last
61.5¢ |
Change
0.010(1.65%) |
Mkt cap ! $1.062B | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 62.5¢ | 59.8¢ | $3.415M | 5.582M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 19696 | 61.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.5¢ | 92228 | 2 |
View Market Depth
| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| MYR (ASX) Chart |