That sounds pretty logical to me.
These corporates get a new manager or CEO and they decide they can make more money by cutting out the middle man. What they don't recognise is that there is a reason, often many reasons, for the existence of the middleman. They actually have a role to play and are not picking up money for nothing. Also they usually operate on fairly low margins and have to have great service or they die.
Even in todays online click and order world it is still administratively a pain in the next to have to order through a large number of suppliers. In the chemist sector I'd imagine lots of small orders also make this a pain.
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Last
$2.89 |
Change
0.110(3.96%) |
Mkt cap ! $2.300B |
Open | High | Low | Value | Volume |
$2.82 | $2.92 | $2.76 | $22.11M | 7.733M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 509791 | $2.89 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.90 | 226186 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 218946 | 0.530 |
12 | 254849 | 0.525 |
22 | 667773 | 0.520 |
12 | 214898 | 0.515 |
31 | 592381 | 0.510 |
Price($) | Vol. | No. |
---|---|---|
0.535 | 238324 | 12 |
0.540 | 239570 | 11 |
0.545 | 263300 | 10 |
0.550 | 155978 | 9 |
0.555 | 81292 | 5 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
SIG (ASX) Chart |