Rookkie, Its been well publicised in the last 6 or 7 months (fin review) that WOW had been running the ruler over Mitre 10. But it appears that it was too hard a deal to stich together due to the structure of Mitre 10. Basically Mitre 10 is a warehouse supplying a few of its own large stores & predominately the rest of the stores being owner operators. To be any where near competitive with Bunnings They would have to acquire all of the existing Mitre 10 Assets plus the Independant owner operators, plus large tracts of development land for growth. IMO Mr Luscombe said too hard.
Danks is another option but again is only a warehouse supplying Homehardware & its like.
Maybe Mitre 10 & Danks together. Who knows.
hardware target, page-5
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Last
$35.06 |
Change
-0.090(0.26%) |
Mkt cap ! $42.82B | |||
| Open | High | Low | Value | Volume |
| $34.86 | $35.06 | $34.77 | $106.1M | 3.076M |
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| 2 | 4706 | $35.05 |
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| Price($) | Vol. | No. |
|---|---|---|
| $35.06 | 9843 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
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