Big W are about the size of a pimple on an elephant if compared to the Woolies juggernaut.
what you must remember is that Mr Banducci inherited a 'renovator's delight' with huge potential in Crows Nest. in fact, most of Woolies stores could do with a revamp, but that takes time and money.
that is why we could have a cap. raising , and then what would probably follow is a takeover bid as the shareholders are then 'softened up' to mushy stage.
in other words, WOW is an each way bet in a two horse field- a certainty- you can't lose unless you are a non holder of course.
cheers crazypunter
Woolworths pokies, page-30
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Mkt cap ! $43.04B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 8 | 361 | $30.01 |
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| Price($) | Vol. | No. |
|---|---|---|
| $30.02 | 834 | 6 |
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