You probably bought a little more (in order to get over $100) to get the rebate. Marketing psychologists know that. ... and we as customers tell ourselves "we needed it anyway" (also known as post-purchase justification).
As for EDV, it means somewhat more turnover achieved withr a little less in GPM. ... and it also (if one doesn't order online) gets the customer in for browsing for more or other stuff. (I find browsing at Dan's enjoyable - just saying![]()
In the end, they need to move the stock from the shelves as they have borrowings to pay. There is a pivot point here: a) quicker turnover of goods, but a little less in GPM; and b) more GPM (i.e. no rebates or higher prices) and the stuff can stay longer on the shelves. Pathway a means more work for the company, pathway b means less work. Best of both worlds would be the combination of faster turnover speed of goods with an increased GPM. - But alas with the cost of living pressures, EDV is surely on path a.
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EDV
endeavour group limited
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Ann: F25 Third Quarter Trading Update, page-20
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Last
$4.04 |
Change
0.020(0.50%) |
Mkt cap ! $7.244B |
Open | High | Low | Value | Volume |
$4.02 | $4.06 | $4.00 | $9.830M | 2.437M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 79 | $4.36 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.79 | 4090 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 79 | 4.360 |
5 | 45971 | 4.290 |
15 | 75691 | 4.250 |
6 | 19586 | 4.240 |
1 | 1 | 4.200 |
Price($) | Vol. | No. |
---|---|---|
3.790 | 4090 | 3 |
3.820 | 99 | 1 |
3.830 | 37717 | 4 |
3.840 | 31930 | 4 |
3.920 | 1889 | 5 |
Last trade - 15.59pm 18/06/2025 (20 minute delay) ? |
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EDV (ASX) Chart |
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CODEIFAI LIMITED
John Houston / Martin Ross, Executive Chairman / COO
John Houston / Martin Ross
Executive Chairman / COO
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