Woolworths hotels are only earning around 300k profit per hotel. The average hotel is worth between $5 to $10 million.
Lets look at what would happen if you purchased just one hotel worth 5 million. Around 6% return on investment if the hotel cost $5million or 3% if the hotel is worth $10 million.
If you borrowed $5 million,the interest would be around $400k and you would be bankrupt. Its only Woolworths cash reserves that allows them to survive.
hotels technically insolvent.
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WOW (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$34.19 |
Change
-0.110(0.32%) |
Mkt cap ! $41.94B | |||
| Open | High | Low | Value | Volume |
| $34.33 | $34.69 | $34.18 | $30.97M | 899.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1628 | $34.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.20 | 915 | 4 |
View Market Depth
| Last trade - 14.28pm 12/07/2024 (20 minute delay) ? |
| WOW (ASX) Chart |