I am myers holder for quite a while now. The thing which i can confirm is (my own research) that they are in restructuring phase. Myer is negotiating refinance deal wid banks and that banks want them to reduce cost. As a result myer has removed 70 HO jobs last month. They are also in negotiations wid landlords. These two news would be significant and are expected to be released any time which in my opinion would cause shorters to leave dere positions quickly n will help SP to raise.
I hope management reads this..., page-13
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Last
82.0¢ |
Change
-0.005(0.61%) |
Mkt cap ! $682.0M | |||
| Open | High | Low | Value | Volume |
| 83.0¢ | 83.0¢ | 80.0¢ | $829.3K | 1.017M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7006 | 81.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 82.5¢ | 11143 | 2 |
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| Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
| MYR (ASX) Chart |