The amount of stock that Coles would have bought to fill up the shelves and warehouse would have been massive. If we secure ranging in Woolworths, then we get another nice big upside solely from the pipefill alone plus benefit of ongoing sales.
Coles + Woolworths combined is way way way bigger than the pharmacy retailers...so in fact 100% top line growth excluding acquisition is probably conservative.
BWX Price at posting:
$6.78 Sentiment: Hold Disclosure: Held
