You’d be canny enough to know that untenable and gouging supermarket shelf prices and other unconscionable retailing behaviour is not explained as acceptable by reason of a standard net profit margin of 3% or so. Gross profit margin is a more relevant indicator.
There is much scope in trading inefficiencies, a poorly run business, too high expenses ( e.g. excessive management remuneration) to erode sales revenue, yet the high GROSS profit margin is unaffected from rip off prices.
You’d be canny enough to know that untenable and gouging...
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Last
$34.41 |
Change
0.195(0.57%) |
Mkt cap ! $41.94B | |||
| Open | High | Low | Value | Volume |
| $34.43 | $34.48 | $34.30 | $12.04M | 350.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 19 | $34.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.41 | 2181 | 13 |
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| Last trade - 12.52pm 29/07/2024 (20 minute delay) ? |
| WOW (ASX) Chart |