Monopolies fall hard.
WES is about to lose market share in supermarkets and hardware. Retail is goining online and this will also impact on sales. Stores are becoming the last choice because they are milking consumers. WES have cut product lines as a means of cost cutting and consumers will look elsewhere. I tried to find some good spanners at Bunnings but it was like looking for a needle in a haystack.
Are WES in financial difficulty?
Normally when companies get sloppy they have financial issues.
the new telstra
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Last
$74.42 |
Change
-0.390(0.52%) |
Mkt cap ! $84.76B | |||
| Open | High | Low | Value | Volume |
| $74.80 | $74.87 | $74.36 | $17.72M | 237.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17 | $74.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $74.44 | 120 | 2 |
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| Last trade - 11.58am 22/08/2024 (20 minute delay) ? |
| WES (ASX) Chart |