re: Ann: Metcash disputes amended FTC Determi...it has falled alot when you compare it to WOW & WES
No it hasn't.
As of right now:
WES is down 4.7% since May 1. WOW is up 2.2%. MTS is down 0.8%.
At the time you wrote, MTS was down 3.3%, but that's still less than WES is and within normal fluctuations for this stock. And normal fluctuations of WOW too.
Given the earnings jitters I mentioned before I'm surprised it hasn't fallen more to be honest.
If earnings are flat or even down on the PCP, then we will see a meaningful SP decline IMO. If they can get a few % earnings growth that will be a pass mark as far as the market is concerned. I am going to be watching it closely.
If we do see negative that will be a sign the Metcash model is starting to buckle under the strain IMO.
MTS Price at posting:
$3.96 Sentiment: None Disclosure: Held
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