doesn't really matter, as plenty of companies have cross ownership structures by nature of the key shareholders. In this instance Mr Lew was frustrated by poor management whom he believed had destroyed a company which pinched the profits of merchandise that PMV retailed through Myer.
Myer shares were cheap and it gained him an ability to pressure the board and improve management.
PMV also has a sizeable share of Brevill
Ann: Notice of Annual General Meeting/Proxy Form, page-17
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Last
$31.44 |
Change
0.150(0.48%) |
Mkt cap ! $5.058B | |||
| Open | High | Low | Value | Volume |
| $31.75 | $31.78 | $31.41 | $8.520M | 269.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 284 | $31.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $31.45 | 180 | 8 |
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| Last trade - 13.29pm 17/07/2024 (20 minute delay) ? |
| PMV (ASX) Chart |