auro, the possibility of fewer consumers having proverbial wallets and purses to open in 2023 with further interest rate rises, continuing inflation and perhaps in time lower employment levels weights over MYR somewhat.
However it won't greatly surprise if in March 2023 when announcing results to 31 January there's some positive news.
With its significant costs including a relatively inefficient distribution system, MYR doesn't operate on high margins so arguably it needs volume.
MYR Price at posting:
68.0¢ Sentiment: Hold Disclosure: Not Held
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