The biggest issue I see is there seems to be some sort of environment with both major supermarkets where they see the customer in a hostile light.
The customers really don't like the new tech and don't find it convenient and running paid newspaper ads to try and convince them otherwise is not working. 5 minutes on google, read any article or hop on social media and read what customers really think.
That aside, I don't underestimate how much people like convenience. It's a lifestyle change to go to a fresh fruit and veg grocer, then a butcher, then several other shops to get everything you want. But it can be cheaper and better quality.
So the question becomes how many people do that. Actually a very interesting conversation from a socio-economic perspective to think about.
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- Ann: FY23 Results Presentation
COL
coles group limited.
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0.66%
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$21.92

Ann: FY23 Results Presentation, page-7
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Last
$21.92 |
Change
-0.145(0.66%) |
Mkt cap ! $29.40B |
Open | High | Low | Value | Volume |
$22.05 | $22.22 | $21.87 | $25.12M | 1.139M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 3463 | $21.91 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$21.92 | 255 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
25 | 3724 | 21.920 |
29 | 3961 | 21.910 |
13 | 3153 | 21.900 |
10 | 4738 | 21.890 |
7 | 3208 | 21.880 |
Price($) | Vol. | No. |
---|---|---|
21.930 | 48 | 3 |
21.940 | 2810 | 13 |
21.950 | 2747 | 8 |
21.960 | 2560 | 8 |
21.970 | 3752 | 8 |
Last trade - 15.41pm 17/06/2025 (20 minute delay) ? |
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REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
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