WOW woolworths group limited
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Back in at 29.29. When a stock reacts to an announcement like...

  1. DefinedBenefit0
    3,690 Posts.
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    01/11/24
    16:06
    Post #: 76422613
    Back in at 29.29. When a stock reacts to an announcement like this then usually the third day is best to buy in- for a bounce back- but overall it can keep falling for months- something like that.

    12 month low and back to its 2019 price- a 2019 dollar would not buy so much in 2024.

    SPs can rally before the year end.

    All of the above reasons or something similar. I do not charts. For that matter I have little insight into how retail sales groups make their money.

    Anyway, some confidence that there will be a profit in this- even if it keeps falling for a little while.

    IMHO DYOR
    WOW Price at posting: $29.93 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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$32.20 		Change
0.000(0.00%) 		Mkt cap ! $39.33B
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Buyers (Bids)

No. Vol. Price($)
1 1 $34.14
 

Sellers (Offers)

Price($) Vol. No.
$30.26 38 3
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Last trade - 09.50am 16/06/2025 (20 minute delay) ?
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