Solly likes Myer not for how its currently ran or even for how its currently structured.
He pretty much tried to tell the World that his team could flip Myer around with better stock lines and Plan for the future.
Not only did he Mouth off, But he put his wads down on the table, He pushed all the chips into the middle and said hey Im right, I know what Im doing.
Premier is growing its revenue so the Dude knows his sheit,
Lew would partly be pissed that the SP is down, But also licking his Chops at the chance to grab more at half price.
How much different is MYR now compared to when Lew bought in ?? Its the same same, only thing different is the SP.
Btw a Share can be manipulated up or down excessively based on how the funds are running it along side their Warrants.
The Options arnt much traded on MTR but Id bet the Warrants are trading good volumes.
The Warrant trade means you can push the Share while hedging the other way with warrants, this can push a share far away from fair value up or down, Any look at historical Charts of MYR you can see where it has been Pushed and dragged, only to Flip.
The last few years the new year has been a Flip point for Myer, so based on it all one way, IMO expect the opposite from January 1st 2018.
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Last
91.5¢ |
Change
0.030(3.39%) |
Mkt cap ! $766.3M |
Open | High | Low | Value | Volume |
90.0¢ | 91.5¢ | 88.0¢ | $1.461M | 1.617M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 11174 | 90.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
91.5¢ | 11765 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 11174 | 0.905 |
5 | 40010 | 0.900 |
2 | 38036 | 0.890 |
1 | 15 | 0.860 |
3 | 12132 | 0.850 |
Price($) | Vol. | No. |
---|---|---|
0.915 | 11765 | 2 |
0.920 | 95318 | 9 |
0.925 | 83877 | 7 |
0.930 | 53146 | 4 |
0.935 | 11175 | 1 |
Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
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