MYR 1.03% 98.0¢ myer holdings limited

Private Equity bought it for 1.4 billion, floated it at 2.4...

  1. 487 Posts.
    Private Equity bought it for 1.4 billion, floated it at 2.4 billion

    Most companies have lost value during the GFC, so I'd naturally consider Myer to be worth less than the 1.4 bllion value it had before the GFC. It's incredible that those bankers managed to add 1 billion during the financial meltdown. Marvellous.

    Also considering the Private bankers paid a premium to buy out the company.

    I would say Myer only worths about 2 bucks per share. And seriously, their products are bad and overpriced.
 
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