given WOW is one of Australias largest employers of unskilled labour price increases will continue. We have a union owned government who has just pushed through another large minimum wage increase, coupled with a 42% increase to younglings fresh out of school yesterday. WOW and COL will have to pass this cost on, adding to inflation, to maintain their circa 3% net margin.
Very very poor time to be pushing these union agendas during a cost of living crisis, inflation will continue. More so stagflation given the recent GRP figures.
todays volume chart 29/05/2024, page-13
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Last
$33.78 |
Change
0.345(1.03%) |
Mkt cap ! $41.16B | |||
| Open | High | Low | Value | Volume |
| $33.53 | $33.78 | $33.40 | $12.38M | 368.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 2220 | $33.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.78 | 1565 | 7 |
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| Last trade - 11.12am 25/06/2024 (20 minute delay) ? |
| WOW (ASX) Chart |