Was it one of the comedians speaking or somebody more serious?
It could be awesome for Wesfarmers if they milked it as an IPO just like Myer did. However deeper down these questions might arise:
1. Why sale now if Coles turnaround is not complete and therefore best price for Coles cannot be obtained?
2. Are there any integration issues within the Wesfarmers conglomerate? Too many businesses?
If it were an IPO, I wouldn't touch it with a 1,000 foot pole. Maybe they might just give WES shareholders shares in WES. All jumping the gun here.
3aw rumour, page-2
Add WES (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$66.62 |
Change
-0.660(0.98%) |
Mkt cap ! $75.55B | |||
| Open | High | Low | Value | Volume |
| $66.80 | $66.94 | $66.25 | $76.70M | 1.146M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3984 | $66.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $66.68 | 280 | 1 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| WES (ASX) Chart |