Still 2 big issues regarding Masters.
If Lowes announces they want to activate the 13 month buyout, that will be a shock for the SP at anytime, and WOW will have to spend about 800k to buy them out. Combine that with current capital spend on Masters, thats over a billion and best case scenario is that, that billion breaks even sometime.
If that billion of capital was spent at 20% over 10 years (for example) from Masters start to break even, that billion turns into over 3 billion cash flow to reinvest which they will be missing. That'd be about a 30% increase in earnings they're missing.
Wasted capital may not hurt as profit may only be affected by 1-2% short term, but long term it's hard to outperform with it tied up.
Ann: Woolworths Limited - Update on Home Improvement, page-5
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Last
$34.32 |
Change
-0.510(1.46%) |
Mkt cap ! $41.85B | |||
| Open | High | Low | Value | Volume |
| $34.72 | $34.82 | $34.16 | $70.71M | 2.057M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 308 | $34.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.33 | 10295 | 2 |
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| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| WOW (ASX) Chart |