WOW 0.75% $32.44 woolworths group limited

loomy-WOW is a great buy,but not at the current high sp. you...

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    loomy-WOW is a great buy,but not at the current high sp.
    you must remember that as it has zero growth prospects,all you are getting is just basically yield of about 5%FF.
    depending on when you buy in,the capital value you lose could be more than the actual divvy. that said,
    i would strongly suggest you wait for the FY results when obviously the sp will tank quite dramatically.
    i too am waiting,but not to buy in,rather just to have a belly laugh.

    cheers crazypunter
 
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