$3.3 Billion in Revenue but only $6 Million Net Profit? This will be one of the most shorted stocks, page-35

Dispensing fee is $12 which the same across all pharmacies. So if you are making $14 dollars profit at Priceline for every Amoxil box they also get $12 dispensing fee. Therefore if Priceline wanted it can discount their medications cheaper to compete with chemist warehouse. But want higher margins and bigger pockets. There is no competition when it comes to drug prices. Other than drugs 95 percent of pharmacy can we sold at Cole’s and woolies. So in actual fact the competitors of chemist warehouse is Cole’s and woolies and less the fact of pharmacy because pharmacy is incentivised. ACCC has nothing to stand on because it’s clear the pharmacy guild is getting its members the ACCC with bullshit

https://www.canberratimes.com.au/story/8666985/disruption-ahead-chemist-warehouse-and-sigma-merger/