Snippets from page 27 in today's AFR.
"Investors sniffing victory for Metcash in the wholesaler's federal court battle"
"Metcash is trading at a discount to the major grocery chains, at 11.9 times 2012 earnings per share, compared with 13.9 times earnings per share for woolworths, an offers a 7 per cent yield."
"Linwar has an 'outperform' rating and a $5 price target."
I'm hoping Metcash wins this current court battle for the good of the company, but more so to leave a dirty stain on the ACCC and the golden handshake coming midyear.
Snippets from page 27 in today's AFR."Investors sniffing victory...
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Last
$3.54 |
Change
0.040(1.14%) |
Mkt cap ! $3.864B | |||
| Open | High | Low | Value | Volume |
| $3.54 | $3.55 | $3.51 | $7.818M | 2.209M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1901 | $3.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.55 | 64009 | 5 |
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