Given that most WES businesses have recorded sales growth it seems to me that the sp is considerably undervalued at $17-$18.
It's interesting that Coles supermarkets have recorded 3.8% growth in the second quarter. It sounds like the WES board have reversed previous trends at Coles.
Let's see what the market reaction will be this morning.
Ann: Wesfarmers Update , page-4
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Last
$68.57 |
Change
1.290(1.92%) |
Mkt cap ! $77.77B | |||
| Open | High | Low | Value | Volume |
| $67.60 | $68.88 | $67.51 | $107.7M | 1.572M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11951 | $68.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $68.60 | 100 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| WES (ASX) Chart |