Yep Amazon is going to take over the entire Australian retail space in one foul swoop. Too bad if you want to go and see, touch and feel product, compare and get advice... or just enjoy retail therapy. Just watch Aussie retailers sp go down during the ridiculous media hype, but will they all stay depressed?... Reality will be much different once Amazon actually do enter the market and their market share is just a fraction of what is expected.
Obviously the market has decided Adairs divi will be slashed based on sp of 68c but I am thinking at these levels the selling is overdone. Yarra just bought 2million at 76c and there have been no market updates indicating forecast changes.
Adairs: Growing Stores, page-4
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Last
$2.06 |
Change
-0.010(0.48%) |
Mkt cap ! $359.8M | |||
| Open | High | Low | Value | Volume |
| $2.04 | $2.07 | $2.02 | $631.9K | 309.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3412 | $2.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.06 | 3345 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| ADH (ASX) Chart |