I’ve done enough research to suggest that at a market cap of approx 200 mil we are at or very close to the bottom and the 5 year turnaround plan will reap dividends, probably well before then.
I am sure you mean $500m MC, but yes I think Myer has hit the bottom ... do wonder if someone else took a solid position on 14 & 15 Dec when 40m+ shares were traded on ASX/Chi-X ? Of course they stayed under the SH notice radar ....
I’ve done enough research to suggest that at a market cap of...
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Last
93.0¢ |
Change
0.025(2.76%) |
Mkt cap ! $778.9M | |||
| Open | High | Low | Value | Volume |
| 92.5¢ | 94.5¢ | 91.3¢ | $1.071M | 1.153M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12304 | 92.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 93.5¢ | 31613 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| MYR (ASX) Chart |