WOW 0.67% $30.20 woolworths group limited

Green bags shorting time?, page-4

  1. 1,705 Posts.
    lightbulb Created with Sketch. 91
    I don't get it - why would the people who baulk at paying 15c for a bag, go shop at Aldi where, get this, customers also pay the same amount per bag?

    Now, do some who go to Aldi load up their trollies and/or cardboard boxes instead? Sure. However, granted the choice, I dare say many Aussies couldn't be stuffed packing their own groceries away rather than the 16 year old behind the counter, all to save a total of $1. Even then, maybe they'll just bring along their recyclable bags and, problem solved, they have their weekly $1 expenditure back again.

    When I think about it at a broader level - this whole bags situation might actually turn into a money spinner for Woolies. 15c a bag, plus all the trash bags that households will increasingly need to buy instead of using the old freebies.
    Last edited by Nomadic_Investor: 28/06/18
 
watchlist Created with Sketch. Add WOW (ASX) to my watchlist
(20min delay)
Last
$30.20
Change
0.200(0.67%)
Mkt cap ! $43.04B
Open High Low Value Volume
$30.16 $30.20 $29.96 $41.82M 1.387M

Buyers (Bids)

No. Vol. Price($)
2 1200 $30.18
 

Sellers (Offers)

Price($) Vol. No.
$30.21 4687 3
View Market Depth
Last trade - 16.10pm 27/11/2024 (20 minute delay) ?
WOW (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.