Good point. Online is not getting cheaper. There is certainly room for a Myer.
Sometimes the market responds favourably to a "big" plan by new management. This is a big plan.
It also wouldn't totally surprise me if a private equity firm might throw their hat into the ring. They could do some of what the new team plan to do, but outside the glare of investor scrutiny.
And then bring it back to the market at $4 !
Not all over yet.
MYR Price at posting:
$1.21 Sentiment: None Disclosure: Held
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