Keep eyes at the announcement,
If Woolworths SA became substantial holder, sp would pop up above $1.80.
MYR & David Jones should merge together as 2 reasons
----David Jones is slowing down.
---------Amazon is coming.
Woolworths SA had to do something & cut costs as much as possible.
Base on the reasons, seem to me it is good idea to takeover MYR.
Then change names as one only, I prefer "My David Jones", close one store if MYR & David Jones stores were too close.
Annual synergies were valued at about $85 million.
Solly may smell something?
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Last
62.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.080B | |||
| Open | High | Low | Value | Volume |
| 62.5¢ | 63.5¢ | 62.0¢ | $1.602M | 2.559M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 62698 | 62.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 63.0¢ | 93600 | 3 |
View Market Depth
| Last trade - 16.10pm 22/07/2025 (20 minute delay) ? |
| MYR (ASX) Chart |