Decided to short MYR at the open, as the market didn't seem to think much of it - thinking it ought to be trading at about 75c for a long position entry IMO. That would be 9.2 x uEPS for FY16 of 8.2 cps. Not sure it should be at a higher multiple after all of this dilution.
Might change my mind any second - good luck to holders.
Decided to short MYR at the open, as the market didn't seem to...
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Last
60.3¢ |
Change
-0.013(2.03%) |
Mkt cap ! $1.049B | |||
| Open | High | Low | Value | Volume |
| 61.5¢ | 62.3¢ | 60.0¢ | $1.640M | 2.699M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 48 | 348206 | 60.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.5¢ | 127065 | 10 |
View Market Depth
| Last trade - 12.35pm 30/06/2025 (20 minute delay) ? |
| MYR (ASX) Chart |