The upside from structural change is discount variety in my view is greater than factored in by the market.
Any buyer of the WHS /MRL discount combined DV businessed should value this improvement in industry dynamics highly.
Given the long and dissappointing performance from MRL and the strength of the apparel business I believe the stock is now attractive. (from previously being short on the stock above $1, some time ago)
I have also bought today.
The upside from structural change is discount variety in my view...
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Last
29.0¢ |
Change
0.030(11.5%) |
Mkt cap ! $119.2M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 29.0¢ | 28.0¢ | $19.45K | 69.25K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15000 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 94105 | 1 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| MRL (ASX) Chart |