Well that came out of left field but, someone must have been reading the tea leaves very well.
It is a strategic win to open the Canadian market whilst getting the US areas sorted out.
Sobeys with 1,150 stores is a significant player in the market and the opening order of 150 stores will be a great test for them. Better still, the stock is on its way to them.
It certainly underpins a better opportunity than the blue sky from before but, with some runs on the board who knows, the major players will be encouraged to follow.
Well done guys
MUT Price at posting:
0.6¢ Sentiment: ST Buy Disclosure: Held
