Gun to my head; I'd say they see better "opportunities" elsewhere in the market. Some stocks have declined up to 80% over the past month, some fairly, some perhaps not.
If one is expecting a recovery in those sorts of stocks, and the broader market, it wouldn't be a horrible idea to take money out of a defensive stock like Coles (which won't have huge short term SP appreciation) and try and shop around looking for value.
Gun to my head; I'd say they see better "opportunities"...
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Last
$17.10 |
Change
-0.010(0.06%) |
Mkt cap ! $22.90B | |||
| Open | High | Low | Value | Volume |
| $17.15 | $17.20 | $17.01 | $28.20M | 1.648M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 35829 | $17.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.11 | 328 | 1 |
View Market Depth
| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| COL (ASX) Chart |