I agree with your sentiment In2win!
Like him or not, Solly Lew knows retail in Australia - when he is prepared to do a 3% creep at $0.66 and I can buy at sub $0.60 I feel quite good.
My initial entry point was $0.57 & I picked up the massive 1c div, I am going to look at topping up in the $0.55 - $0.60 band.
In the short term we could well see the price drop below this band considering the general economic malaise & its potential impact on higher end retail, if so I will likely top up some more.
In the medium term (1 - 2 years) I can well see MYR regaining & surpassing the $1 level especially if Solly decides to take a full tilt at it which is not beyond the realms of possibilities. If it does I will happily pocket a tidy profit & move on.
The above is just my own thoughts/ramblings so take it with a hefty pinch of salt.
Good luck to all
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Last
82.0¢ |
Change
0.005(0.61%) |
Mkt cap ! $682.0M |
Open | High | Low | Value | Volume |
81.0¢ | 82.0¢ | 79.0¢ | $1.545M | 1.915M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 722952 | 82.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
82.5¢ | 2440 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 722952 | 0.820 |
6 | 157221 | 0.790 |
1 | 8501 | 0.785 |
9 | 44226 | 0.780 |
2 | 6453 | 0.775 |
Price($) | Vol. | No. |
---|---|---|
0.825 | 2440 | 1 |
0.830 | 67294 | 5 |
0.835 | 10620 | 2 |
0.840 | 253977 | 5 |
0.845 | 55917 | 3 |
Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
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MYR (ASX) Chart |