'Blind Freddie can see it': Myer headed for administration" says Solomon Lew. Per Dominic Powell, 25/9/20 Age/ Smh
Roughly paraphrased:Hope this sheds some light on how the one of the primary players sees this saga playing out.
Make this ugly duckling shift into admin., Void the unviable leases, take the cash-on-hand, part with the non-performing labels and replace with own high-margin ones, etc
One Real reason Myer has been SP asphyxiated
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 (20min delay)
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Last
70.3¢ |
Change
0.003(0.36%) |
Mkt cap ! $582.2M | |||
| Open | High | Low | Value | Volume |
| 70.0¢ | 71.0¢ | 69.5¢ | $160.2K | 228.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 27886 | 70.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 70.5¢ | 7098 | 4 |
View Market Depth
| Last trade - 10.30am 16/05/2024 (20 minute delay) ? |
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Last
70.5¢ |
Change
0.003 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 70.0¢ | 70.5¢ | 70.0¢ | 13220 | ||
| Last updated 10.52am 16/05/2024 ? | |||||
| MYR (ASX) Chart |