Ann: Myer Half Year Results (1H2018), page-124

if the board had any brains they;d do a large cr @25c
this would dilute SL holding and everyone but shore up the financials clear the deack of debt
and make it attractive to anyone who wants to entertain knocking on the door with a t/o
seriously if you stripped out all the stores cancelled the rental contracts sold up what land they had and just listed whats left and operated as a stand alone online business( like kogan) it might be worth around
25-30c
brand is only value left in myr and online is only potential long term growth for myr imho.
how to do it better than others logistics delivery then under promise over deliver on price and follow up service
this saga reminds me a bit of fxj a once great co with a board who did not adapt and adopt new technology
for consumers to benefit
cost them heaps others who made the leap got jump start