you better believe it ol" mate.
WOW will tank after results, but there is still money making opportunities, leading in to results as long as you gauge Coles same store sales which will be announced before Woolies.
if Coles same store sales growth is around 4%, then sell your WOW holding as fast as possible and buy into WES, as the SP will go up as fast as the WOW sp going down.
WOW has now a bucketful of cash from the Masters sale and BP acquisition.
trouble is- they have virtually done nothing to improve Woolies.
i personally think that Mr Banducci is a lost cause.
cheers crazypunter
Woolworths set to overtake Coles, page-16
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Last
$29.89 |
Change
0.010(0.03%) |
Mkt cap ! $43.04B | |||
| Open | High | Low | Value | Volume |
| $30.11 | $30.19 | $29.79 | $71.33M | 2.301M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 585 | $29.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.93 | 145 | 1 |
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