Interesting comments from both sides of the fence. I believe the trend from here for MYR is up. The FF dividend puts a floor under the share price - where that floor is I am not sure but possible around $2.00 - 2.05.
The challende for MYR is to accept was is happening in their market space ( i.e. 'the rise of internet sales'), understand what others are doing to address that, look at what is working (profitably) for other retailers and make the changes necessary. MYR is a little bit like a battleship - very slow to change direction. It needs to stop trying to defend its territory but rather - if you can't beat them, join them. I believe it needs to develop a sophisticated separate on-line sales division. As I see it MYR is presently only playing in that field - it needs to get real. I am sure Lew can see this need.
I believe that Lew can see an opportunity and here is one begging to be given new life, a change rather than "same old same old". Lew may not be interested in MYR but you can bet your bottom dollar that he is watching closely - very very closely.
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Interesting comments from both sides of the fence. I believe the...
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Last
77.3¢ |
Change
0.008(0.98%) |
Mkt cap ! $644.6M |
Open | High | Low | Value | Volume |
76.5¢ | 78.5¢ | 76.5¢ | $566.2K | 730.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 28674 | 77.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
77.5¢ | 35215 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 28677 | 0.770 |
7 | 50578 | 0.765 |
10 | 79588 | 0.760 |
6 | 105415 | 0.755 |
13 | 262781 | 0.750 |
Price($) | Vol. | No. |
---|---|---|
0.775 | 35215 | 16 |
0.780 | 78309 | 7 |
0.785 | 124045 | 8 |
0.790 | 31415 | 6 |
0.795 | 29259 | 6 |
Last trade - 15.48pm 05/07/2024 (20 minute delay) ? |
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MYR (ASX) Chart |