Where did you read about weaker sales for Bunnings and Coles? On the contrary, I read in the ann that growth was up for both. And up in almost every other part of the business as well, except for Officeworks being weak in line with business trends. This is a fairly positive announcement given the past year in the economy. The market would have expected the dividend to not be as high this year I'd have thought as with most other companies.
The main question that comes out is the refinancing portion, everything else looks good IMO.
The price fall is typical after an ann and will provide another buying opportunity.
Where did you read about weaker sales for Bunnings and Coles? On...
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