As predicted SFW has finally stepped away from the proposed merger. There is definite earnings weakness which has gone on for some years and will result in a dividend reduction. Something must have been pretty rotten for SFW to give up even at the presumed much cheaper share price of 80c. The share price has been going nowhere for some time so this is hardly a growth stock.
If Count could do so well with a similar business offering, what is going so wrong at WHG?
As predicted SFW has finally stepped away from the proposed...
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