MYR myer holdings limited
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The last dividend saw a share spike just after the ex date. MYR...

  1. ChippyDude
    10,673 Posts.
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    25/09/17
    14:06
    Post #: 27438978
    The last dividend saw a share spike just after the ex date.

    MYR is Primed to have another spike of its usual swing size that could take MYR to 1.10c for a run.

    The Shorts and warrant contracts work in sync and get unwound somewhat after a dividend.

    Thw weight of the expected dividend dip is what makes the warrant/short type trade a profitable one for the market maker and funds.

    If im close to right with my basic understandings of this, then the ex-date should bring about a swing reversal.

    The ex-date day will still dip the 2c , but thereafter the next dividend isnt for 6 months ,

    So it should force alot of the shorters and warrant writers to unwind their trades.

    1.10c is in swinging range based on the history of the chart.
    MYR Price at posting: 71.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
61.5¢ 		Change
-0.020(3.15%) 		Mkt cap ! $1.062B
Open High Low Value Volume
64.0¢ 64.0¢ 61.0¢ $4.251M 6.859M

Buyers (Bids)

No. Vol. Price($)
33 493668 61.0¢
 

Sellers (Offers)

Price($) Vol. No.
62.0¢ 81300 1
View Market Depth
Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
MYR (ASX) Chart
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