Australia's largest stock trading and investment forum Australia's #1 stock forum

COL

Click for more information

0.37%

$16.06 coles group limited.

Coles Spikes Milk Prices By 25%!, page-5

First 5 Last

Share
Profile

Follow
usc75

7,026 Posts.

181

18/02/20

08:47

Post #: 42987646
Share

Originally posted by 600mL: ↑

This is fearmongering, bordering on abject stupidity.

Supermarkets have been criticised for years for underpaying dairy farmers and have been selling home-brand items at below cost prices in order to draw in customers and profit on other lines of products. It's a well known story.

A rise that brings a home-brand product price closer to branded competitor products is not a sign of hyperinflation.

Also, I would suggest using the percentage price comparison against the branded competitor good, say 1L of "Brownes" milk would be better. (~$1.88/L) It would be a much smaller percentage and somewhere around 13% as an example.

Expand

Factually incorrect!

Coles Share Price Hike was 25%. Fact.

Coles Kept 100% of $0.25 Extra It Charged! Fact.

Coles Did NOT Give Any of Extra $0.25/Lt Charged to Dairy Farmers! Fact.

$0.25 Increase In Retail Price on $1.00 = 25% = Hyper-Inflation! Fact.

COL Price at posting: $16.91 Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

First 5 Last

Add COL (ASX) to my watchlist

(20min delay)
Last $16.06		Change -0.060(0.37%)		Mkt cap ! $21.51B

Open	High	Low	Value	Volume
$16.12	$16.19	$16.05	$32.90M	2.043M

Buyers (Bids)

No.	Vol.	Price($)
12	14136	$16.05

Sellers (Offers)

Price($)	Vol.	No.
$16.10	22289	3

View Market Depth

No.	Vol.	Price($)
10	12073	16.050
1	493	16.040
6	43866	16.030
12	19520	16.020
6	22958	16.010

Price($)	Vol.	No.
16.100	22289	3
16.110	11030	3
16.120	9616	1
16.130	9992	2
16.140	20839	3

Last trade - 16.10pm 06/05/2024 (20 minute delay)


Last $16.07			Change -0.060 ( 0.27 %)
Open	High		Low	Volume
$16.14	$16.19		$16.06	514074
Last updated 15.59pm 06/05/2024 ?

COL (ASX) Chart

SPONSORED BY