WES 1.28% $71.10 wesfarmers limited

Why ?, page-7

  1. 3,613 Posts.
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    Hi Occam
    I am a fan of the management of WES and I was topping up my holding in the $40's. As for reasons, at the time I liked the addition of the Lithium diversification but in my opinion the main reason for recent strength has more to do with the bellwether stocks like banks (especially CBA), and other ASX20 responding to the change in the global and domestic interest rate outlook. It has seen a fair amount of sidelined money going into equities that has mostly led to the rerating. Just my opinion.

    regards
    DF
 
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