Personally, I'd prefer diversification into another industry in which we can leverage, that's probably the only pro to the acquisition of Kidman.
In saying that however, I am not a fan of the kidman acquisition, as it is capital intensive before we even start to see a return. But there are off-take contracts in place, thus de-risking the project significantly. It's more a patience game.
Kidman aside, I would have thought a loyalty program for Bunnings would have been implemented already (I believe Flybuys isn't available at Bunnings). I'm not in doubt regarding Bunnings's ability to withhold market share, but I thought from a more customer focused/appreciative side of view.
Cheers,
Dalto24
Personally, I'd prefer diversification into another industry in...
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$67.95 |
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