In my opinion regardless what market share they lose to woolworths they both have strong footing in Australia and always will do. Population growth and immigration is what's really needed for significant increase in share price.
I usually trade in US and Asian markets but I still have 1/3 of my capital in ASX...I view Australia the same way I view a growth company... but this growth is temporarily halted right now due to covid and lack of pfizer vaccines. The future will be bright so just got to hold long in the meantime.
I still think there will be a sp increase after next sales result, the pessimism and large drop in price from the last report was not justified.
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In my opinion regardless what market share they lose to...
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