First of all Rangi, and anyone else out there who's been overusing the world "defensive" - Woolworths for god sake is NOT a defensive stock.
What kind of defensive stock falls from $35 to nearly $22? That's over 30 per cent, you can't be serious in your definition of defensive, who the hell told you its defensive?
Woolworths is a growth stock, its growing at over 20% a year, defensive stocks don't grow that fast, do you see AGL growing that much?
And why the hell would you want Woolworths to buy into Caltex? It's just a distribution deal to give people the incentive to shop into Woolworths, Woolworths OWNING an energy company would change its business model from what it simply is right now: A monopolistic supermarket which rips us off for stuff we need to live.
First of all Rangi, and anyone else out there who's been...
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Last
$34.17 |
Change
-0.130(0.38%) |
Mkt cap ! $41.74B | |||
| Open | High | Low | Value | Volume |
| $34.33 | $34.69 | $34.07 | $77.40M | 2.258M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2923 | $34.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.19 | 4889 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| WOW (ASX) Chart |