Inserting new management can restore 'investor confidence' but does not mean it will boost consumer spending.
What Myers need is for the Australian economy to improve. Otherwise it will only be a temporary bounce.
MYR currently 8th most shorted stock on ASX. Potential to squeeze a little in the short term. However long term fundamentals (financials) will be the driver. Australia's economy has been on a decline for the last few years.
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