I concur with what you have posted but I am equally surprised that under this largely bland and probably negative half year commentary the sp has not only held up but some big purchase orders have been placed and held the sp up. I dont get it someone must have faith for them to buy almost 300K of shares on 8 and 9th of March.
In a very thinly traded share I expected weakness not strength. What I got was strength.
So either someone has a view that we cannot appreciate or things on the ground are different to what we read. The alternative is that someone just wants a stake and was prepared to pay up for it. But stock shortages seem to be the order of the day right now.
WBA Price at posting:
47.9¢ Sentiment: None Disclosure: Held