Initially buys at 30.5 and 29c and out at 29.5 on Woolworths UK...

Initially buys at 30.5 and 29c and out at 29.5 on Woolworths UK admin.

Then a first small buy back in at at 29c.
Second at 21.5
Third at 18.5
And a huge feast of buying at 18c yesterday.

When this insto allows it to run, I reckon it will be back in the 30's, as they are refinanced for years, have yesterday confirmed 8c div, increased breathing space in covenants, and have a few asset sales in the background. No apparent need for a cap raising.

I would really like it to challenge 45c, but that is asking too much without a sustained market rally.