But stupid like me wants the share price to be lifted.
MYR and Harvey Norman is competitive in electric goods market and other retailers are competitive in apparels.
So if MYR and other competitive company merger together, it is good for each other.
Imagine that Myer's electric corner is replaced by HV or MYR is the only department store in every Westfield shopping centre.
You can blame any opinion, but it is better to explain your opinion.
What do you expect MYR to be done?
Do you want MYR continues to pay big salaries to CEO and other positions and blames extensive competition, weakness of Australian dollar?
If sell the MYR, price may be more than $1,125M(=PAT $75MX15 times),$1.92 per share(=$1,125M/585.7M shares)
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