The CEO is certainly an issue.
Reading the 11 May sales update he blamed Cyclone Debbie for the profit downgrade. It really was a dog ate my homework kind of excuse.
No upside to this share.... unless... takeover. Which is why I say hold.
Solomon Lew wants his $30 Mill back and I reckon there will be a takeover bid at some point.
The CEO is certainly an issue. Reading the 11 May sales update...
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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 |
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| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| MYR (ASX) Chart |