http://edge.alluremedia.com.au/uploads/*/2015/09/supermarkets_market_share.jpg
If you anylise this chart, it shows that woolworths has lost 1.5% market share over 14 years. Admittedly the last year has seen that loss.
ALDI Has grown steadily over the last 14 years, it will still be a long time before they have the market share of WOW at the current trend of growth.
Unless I'm missing something, there's still a bit left in the old girl yet.
For every negative report there are opposite points of view.
Here's one.
http://www.********.au/2016/05/04/why-the-woolworths-limited-share-price-is-getting-smashed-today/
Ann: Woolworths Limited - Credit rating update-WOW.AX, page-19
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Last
$29.85 |
Change
0.210(0.71%) |
Mkt cap ! $36.46B | |||
| Open | High | Low | Value | Volume |
| $29.73 | $30.00 | $29.70 | $56.28M | 1.873M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7 | $29.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.97 | 7929 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| WOW (ASX) Chart |