WES 0.59% $66.55 wesfarmers limited

Ann: 2023 Half-year Report incorporating Appendix 4D, page-20

  1. 701 Posts.
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    Great result…..and market has reacted accordingly. WES a powerhouse stock that I think I’ll always have in my portfolio……but geez I’ve got to say …WTF …..how do you lose $108m on ‘Catch’ ??

    Gimmicky online sites like Catch are all over the internet - if I were attending the next AGM I would certainly be questioning the rationale for continuing to pump good money after bad into it.

    It’s so out of whack with all the rock solid retailing this company dominates in.I’ll be very disappointed if they report another loss on Catch this time next year.

    Just cut it loose Rob !

 
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