Yes I think management have shown they are adroit at capital management. I’ve been adding on the weakness. Not sure if people realize that the combination of Melbourne lockdown + terrible weather for outdoors activities in winter + closing of every other discretionary activity except retail which has largely shown to be safe, means that going to the shops is one of the few activities that you can do to keep yourself sane, most stores are staying open right now under the essential category so I can’t really see how this goes badly for retailers. The crazier thing is literally the exact same thing happened a month or two ago, so not sure why anyone thinks it is going to be any different this time in terms of consumer behaviour. Bring on results in August...
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Yes I think management have shown they are adroit at capital...
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