A lot of panic but worst case scenario - we are looking at $66million NPAT and $20 million implementation costs = $46 million NPAT for a company with a market cap just north of 660 million.
I've used their online offering and it definitely does the job (got some great deals during their Stocktake sale delivered straight to my door!).
Unless management is lying through their teeth - Myer remains a profit making venture and with that amount of incoming cashflow I would not mind seeing a share buyback announced.
At these prices - serious risk of getting into takeover territory.
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Last
60.0¢ |
Change
-0.005(0.83%) |
Mkt cap ! $1.036B | |||
| Open | High | Low | Value | Volume |
| 61.0¢ | 61.5¢ | 59.5¢ | $5.633M | 9.346M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 106983 | 59.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.5¢ | 111282 | 2 |
View Market Depth
| Last trade - 16.11pm 25/06/2025 (20 minute delay) ? |
| MYR (ASX) Chart |