There are some serious flaws in the make up of WOW's investment skills.
When WoW ventures outside its core business of groceries and liquor it tends to make large mistakes.
(1) Dick Smith. It could not make it work. Sold out to PE . They promptly made a fortune.
(2) Warehouse NZ. Sold out for half buying price.
(3) Masters. Maybe WOW does not understand what this business is. It may suck in WOW and spit it out.
Just a thought.
I hold
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