WES 0.09% $65.34 wesfarmers limited

I will be very surprised if wesfarmers end up with coles...

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    I will be very surprised if wesfarmers end up with coles because:

    [1] There are other players in the consortium who obviously want part of the cake and coles is the biggest part

    [2] They have no expertise in retailing food which is a lot different to hardware

    [3] They have disciplined rules for expansion that would not allow such a large investment in an area they havn't got any runs on the board

    [4] They probably can't afford such a large investment unless they were getting it at a bargain price. This doesn't look like a bargain.
 
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