Ann: Notice of Extraordinary General Meeting/Proxy Form, page-35

I'm not a big fan of retail stocks but I haven't sold WES as yet. They too need to take a good hard look at their marketing strategy. Their statement that 'not every store stocks all products' is a clear cop out. What ones do and what ones don't? I always remember being told by a Team Manager at Masters that the Australian home renovation market was big enough for both and we all know how that turned out. I'm sure REH will survive but the days of predatory pricing for bathroom 'exclusives' and other plumbing supplies might be over.