Grocery group Metcash Ltd (MTS) fell as much as 15.8 percent to a one-year low after flagging it faces a tough year ahead with costs rising, German group Aldi expanding into its strongholds and major supermarket chains slashing prices.
Sounds like the juggernaut is putting pressure on IGA along with the majors.
More competition is good for the consumer.
Got me some 80 cent/kg pumpkin at wollies this week and me $ 10 woolie dollars discount
for spending over $90. Plus I can get a six pack of beer for $ 10
Happy days..........
Grocery group Metcash Ltd (MTS) fell as much as 15.8 percent to...
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Last
$30.18 |
Change
-0.170(0.56%) |
Mkt cap ! $43.04B | |||
| Open | High | Low | Value | Volume |
| $30.30 | $30.38 | $30.08 | $47.03M | 1.558M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 14892 | $30.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $30.19 | 73 | 2 |
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