The key will be to earn greater market share in the food & grocery business over the long term.
With WOW and WES already holding the largest market share between them, in my eyes gives MTS greater upside potential as they can take the largest bite from the 'earn market share pie' so to speak (optimistic view). In other words the growth potential is far greater for MTS, provided the right strategy is in place. WOW and WES can only push prices and suppliers so far, the breaking point may not be as far as some think.
The most recent price action could be attributable to an increase in short positions (pessimistic view perhaps hedging).
Time will tell with great precision the effectiveness of one’s views, allbeit optimistically forthwith.
Always DYOR
always money in food
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Last
$3.83 |
Change
-0.010(0.26%) |
Mkt cap ! $4.180B | |||
| Open | High | Low | Value | Volume |
| $3.87 | $3.87 | $3.83 | $7.495M | 1.953M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 97142 | $3.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.83 | 51446 | 1 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
$3.84 |
Change
-0.010 ( 0.23 %) |
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| Open | High | Low | Volume | ||
| $3.86 | $3.86 | $3.83 | 582901 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| MTS (ASX) Chart |