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
64.0¢ |
Change
0.025(4.07%) |
Mkt cap ! $1.114B | |||
| Open | High | Low | Value | Volume |
| 62.5¢ | 65.0¢ | 62.0¢ | $2.802M | 4.388M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 39 | 327573 | 64.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 64.5¢ | 189734 | 29 |
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| Last trade - 15.56pm 28/07/2025 (20 minute delay) ? |
| MYR (ASX) Chart |