Original article by Sue Mitchell
The Australian Financial Review – Page: 15 : 4-Sep-15
Myer’s share price plunged 25 per cent as the stock emerged from a two-day trading halt on 3 September 2015. The stock fell to a record low of $A.090 on 3 September 2015. More than 35 million shares changed hands in the wake of the poor 2015 profit result and a disappointing outlook for 2016. However, there was support for the $A600 million "New Myer" turnaround plan proposed by CEO Richard Umbers.
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