I've been pouring over this for two days.
Posted on WOW - but not getting any feedback.
Referring to my WOW posts, I think the DKS is a fit for WOW
WOW interested:
1. refer to AFR weekend page 44 (this is what started me)
2. http://www.theaustralian.news.com.au/business/story/0,28124,25009354-643,00.html
Danks interested:
http://www.insideretailing.com.au/Latest/tabid/53/ID/1011/categoryId/55/Collapse-of-Mitre-10-and-Danks-merger-talks-gives-Wesfarmers-a-reason-to-smile.aspx
DKS has a commsec listed p/e of 13
with the recent profit reviews,
the actual p/e will be 8
So, if I'm wrong about being a WOW target, I seem to be protected.
High volume today- 2 year high
Recent overall high volume
Any thoughts?
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