When you think about this divestment it makes perfect sense for WOW.
Their core business is food
Internet sales are growing (ship straight from warehouse to home)
So you dont need so much floor space in the future. This issue has killed DJS and Myer recently, i think its a brilliant move by WOW management to allow for future growth in internet sales.
CK
demerger seems a good idea?, page-10
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Last
$32.95 |
Change
-0.050(0.15%) |
Mkt cap ! $40.25B | |||
| Open | High | Low | Value | Volume |
| $33.10 | $33.16 | $32.92 | $64.74M | 1.961M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23525 | $32.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $32.97 | 273 | 1 |
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| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| WOW (ASX) Chart |