You’d be canny enough to know that untenable and gouging supermarket shelf prices and other unconscionable retailing behaviour is not explained as acceptable by reason of a standard net profit margin of 3% or so. Gross profit margin is a more relevant indicator.
There is much scope in trading inefficiencies, a poorly run business, too high expenses ( e.g. excessive management remuneration) to erode sales revenue, yet the high GROSS profit margin is unaffected from rip off prices.
todays volume chart 29/05/2024, page-24
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Last
$34.21 |
Change
-0.240(0.70%) |
Mkt cap ! $41.79B | |||
| Open | High | Low | Value | Volume |
| $34.63 | $34.68 | $34.10 | $56.69M | 1.657M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2212 | $34.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.22 | 671 | 2 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| WOW (ASX) Chart |