They purchased something that cannot possibly be replicated, hence the premium, but you make a good point.
It was at the peak of the market, so their timing was a little off.
The entire Coles business has plenty of upside, which is what they saw, its a long term project.
going much lower, page-13
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Last
$66.62 |
Change
-0.660(0.98%) |
Mkt cap ! $75.55B | |||
| Open | High | Low | Value | Volume |
| $66.80 | $66.94 | $66.25 | $76.70M | 1.146M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3984 | $66.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $66.68 | 280 | 1 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| WES (ASX) Chart |