psi81 ... agree there is a structural change afoot in the f&g space.
it is interesting that coles & woolies are now seemingly pushing harder re online shopping ... moving consumers away from hustle and bustle of large shopping centres. if my hunch is right, on-line shopping is the extreme of the paradigm where large shopping centres is at the other end. MTS seems to be in the middle ... either unsure of which way it should go or (optimistically) deliberately positioning itself exactly there in the middle ...
i have a parcel but must be honest, it's looking shaky. i had acquired it on the basis that generally the f&g business was more difficult because of economic malaise rather than consumer choice. I think I was wrong.
you really have to be a believer in project diamond to hold. I'm waivering!
have a good one!
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