There is alot they could do to make things less bad, and even make things average.
From what I can see, is that the total sales seem to be about the same year on year.
The implementation costs of the supposed strategy chance seems to be money spent who knows where.
Mabe money is being spent on Consultants, when it really needs to be spent by hiring some retail experts.
Like Ive said before, I reckon Umbers was in there to ride it down, once that was down enough he was kicked off. Job Done, thanks Hatchet Man.
Now its down enough, it should be very appealing to the best in class CEO because the performamce shares at 50c and riding up, are more achieveable than trying to ride up performance shares from $2- or from $1- Up.
Also a new Retail CEO can blame everything on the Hatchet man Umbers.
But now that he is Gone the new CEO can collect in shares, assuming that the next few years MYR turns the trend to Up.
Last full year, the costs were reduced 30m, and another 15m in first half 2018.
Online growing at 50%pa. Plenty of new incentives to shop at Myer could be created.
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Last
60.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.036B |
Open | High | Low | Value | Volume |
60.5¢ | 61.0¢ | 59.5¢ | $4.689M | 7.808M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 181578 | 59.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
60.0¢ | 191990 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 181578 | 0.595 |
19 | 233453 | 0.590 |
9 | 54504 | 0.585 |
23 | 635611 | 0.580 |
3 | 50744 | 0.575 |
Price($) | Vol. | No. |
---|---|---|
0.600 | 191990 | 6 |
0.605 | 90902 | 2 |
0.610 | 16203 | 3 |
0.615 | 41123 | 4 |
0.620 | 9551 | 2 |
Last trade - 16.10pm 23/06/2025 (20 minute delay) ? |
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MYR (ASX) Chart |