MYR 3.07% 79.0¢ myer holdings limited

Why has this stock been smashed so hard, the P/E is like 8.7...

  1. 64 Posts.
    Why has this stock been smashed so hard, the P/E is like 8.7 which is awfully low, also given that sales are forecasted to increase this year, yet its being smashed like its going out of business tomorrow. It looks like a shorters are pumping this stock, surprised that there isn't heavy buying interest at these levels.
 
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