It could certainly provide some SP volatility. Against that positive, the comment by Citi that NP may come in a bit shy of expectations could put a brake on any rise. Personally I am expecting that results will be sound - not spectacular, but not a disaster. It is not just about sales growth - cost containment is just as important and hopefully containing costs has been and continues to be a focus.
The issue for Lew is whether the cash from Woolworths SA will be available soon enough IF he does want to gain a stranglehold on MYR.
Interesting times.
DYOR - I am not a licensed investment advisor.
It could certainly provide some SP volatility. Against that...
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Last
82.0¢ |
Change
-0.035(4.09%) |
Mkt cap ! $686.7M | |||
| Open | High | Low | Value | Volume |
| 85.5¢ | 86.0¢ | 82.0¢ | $450.3K | 542.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 47000 | 81.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 82.5¢ | 1035 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| MYR (ASX) Chart |