WOW 0.03% $29.89 woolworths group limited

Bottomed out?

  1. 812 Posts.
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    I would be interested to hear how much more pessimism people think is already priced into the Woolies SP? To me it seems to have nearly bottomed out (from a fundamental perspective) and relatively small signs of recovery "green shoots" will surprise on the upside (such as the recent profit announcement). Coles was also able to be successfully turned around from an even lower base than Woolies is currently.
 
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