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
83.5¢ |
Change
-0.005(0.60%) |
Mkt cap ! $694.5M | |||
| Open | High | Low | Value | Volume |
| 84.0¢ | 84.0¢ | 82.5¢ | $685.8K | 822.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6074 | 83.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 84.0¢ | 66144 | 5 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| MYR (ASX) Chart |