The biggest issue I see is there seems to be some sort of environment with both major supermarkets where they see the customer in a hostile light.
The customers really don't like the new tech and don't find it convenient and running paid newspaper ads to try and convince them otherwise is not working. 5 minutes on google, read any article or hop on social media and read what customers really think.
That aside, I don't underestimate how much people like convenience. It's a lifestyle change to go to a fresh fruit and veg grocer, then a butcher, then several other shops to get everything you want. But it can be cheaper and better quality.
So the question becomes how many people do that. Actually a very interesting conversation from a socio-economic perspective to think about.
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- Ann: FY23 Results Presentation
COL
coles group limited.
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Ann: FY23 Results Presentation, page-7
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Last
$20.84 |
Change
0.020(0.10%) |
Mkt cap ! $27.95B |
Open | High | Low | Value | Volume |
$20.82 | $20.97 | $20.71 | $51.70M | 2.480M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 6273 | $20.83 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$20.92 | 10860 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 48 | 20.830 |
1 | 9478 | 20.820 |
4 | 11077 | 20.810 |
4 | 11058 | 20.800 |
1 | 672 | 20.790 |
Price($) | Vol. | No. |
---|---|---|
20.920 | 10860 | 4 |
20.940 | 9478 | 1 |
20.950 | 9478 | 1 |
20.960 | 9478 | 1 |
20.980 | 1400 | 1 |
Last trade - 16.15pm 30/06/2025 (20 minute delay) ? |
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COL (ASX) Chart |