Situation for big retailer weren't good in Australia for a long time and COVID-19 situation would further worsen the situation.
Australian economy is driven by services sector and real estate. Neither of the two would do well when unemployment rises.
Government stimulus of $189 billion may do little good for the economic viability of businesses but the collateral damage it is going to inflict over big funds and super funds due to huge budget deficits and lowering asset price would cause harder time for today's young generation in years to come.
News: MYR Myer Holdings Says Will Temporarily Close All Stores From Close Of Business On Sunday For..., page-15
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Last
60.3¢ |
Change
0.003(0.42%) |
Mkt cap ! $1.041B | |||
| Open | High | Low | Value | Volume |
| 60.5¢ | 61.0¢ | 60.0¢ | $2.053M | 3.410M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 92 | 1094433 | 60.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.5¢ | 345463 | 30 |
View Market Depth
| Last trade - 12.54pm 23/06/2025 (20 minute delay) ? |
| MYR (ASX) Chart |