Metcash (Ritchies IGA, Campbells Cash and Carry and liquor stores) appears to defy the sinking ASX. It's been ranging safely between 3.80 and 4.40. It should be a good income stock with profits being closed to guaranteed. What's even better is that it's expanded its alcohol sales by expanding its retails outlets. Unfortunately alcohol sales climb during times of distress so Metcash should come out a winner.
I will eventually put this one into my basket, purely for the consistent and safe income generated. Better than bank interest!
metcash consistent performer
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Last
$3.57 |
Change
-0.020(0.56%) |
Mkt cap ! $3.918B | |||
| Open | High | Low | Value | Volume |
| $3.60 | $3.60 | $3.56 | $6.547M | 1.831M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 279 | $3.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.58 | 22160 | 1 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| MTS (ASX) Chart |