Yeah I'm a fan of Myer - It's an institution - all too easy to call it a dinosaur, but shorters forget there is still over $3bn worth of sales per year - that's around $4.2m in sales per store per month. I wouldn't completely write that off yet.
Let's give Umbers a chance and see what he's got. Hopefully all the skeletons are already out of the closet and that's factored into the shareprice.
Would be keen to see how the new brands go. And even more keen to see a short squeeze this month.
what a vote of confidence, page-10
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Last
80.0¢ |
Change
-0.025(3.03%) |
Mkt cap ! $673.7M | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 82.0¢ | 80.0¢ | $519.8K | 638.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 68733 | 80.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.5¢ | 61662 | 5 |
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| Last trade - 11.45am 30/07/2024 (20 minute delay) ? |
| MYR (ASX) Chart |