I think the Qantas deal can only work to WOW's favour and is yet another positive step by management in these difficult times. Inevitably Woolies, being in a sound position and a fool-proof marketing area, will ride out confidently over Xmas and show steady growth.
If I had more available cash I would love to add to my WOWpile at the juicy price of $25.00; even the unemployed have to eat (and are probably more likely to buy clothes at Woolies rather than DJ's).
However, I base my assumptions upon my own common-sense understanding and certainly not the opinions of others (esp. journos or brokers) or some magical and future explaining insight derived from chart interpretation.
The future always looks good until you get in the final box.
WOW Price at posting:
$25.00 Sentiment: Hold Disclosure: Held
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