WOW 0.65% $30.02 woolworths group limited

Reality is, we'd like to believe that the customer base - us -...

  1. 104 Posts.
    Reality is, we'd like to believe that the customer base - us - is loyal and driven by experience, availability, rewards cards and the like, but IMO it's entirely price and convenience (can I park, not can I buy) driven.

    Rarely does quality come in to play, but it does more-so than choosing to shop a brand because of the other 3 and when a story like this one comes out, it only has an effect on the market for a small amount of time - usually a month or so.

    Customers have short attention spans and easily forget once their price and convenience values get too hard to justify.



    As for the SP. I think if everything is pointing at what might be shaping up to be a consolidation of liquor divisions and generic brand line reductions there might be some opportunities to add some $$$ to the bottom line which might support the share price pushing it back to pre November levels.

    DYOR.
 
watchlist Created with Sketch. Add WOW (ASX) to my watchlist
(20min delay)
Last
$30.02
Change
-0.195(0.65%)
Mkt cap ! $43.04B
Open High Low Value Volume
$30.25 $30.27 $29.87 $20.09M 669.1K

Buyers (Bids)

No. Vol. Price($)
8 361 $30.01
 

Sellers (Offers)

Price($) Vol. No.
$30.02 834 6
View Market Depth
Last trade - 12.40pm 04/12/2024 (20 minute delay) ?
WOW (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.