WOW 0.30% $30.59 woolworths group limited

partly. Higher for longer rates also hurting it, but this is at...

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    partly. Higher for longer rates also hurting it, but this is at 5% gross up yield plus given the CAGR, it’ll grow. So I have no problem buying at these levels when comparable to a risk free rate at 4-5% that’s likely to drop to 3%. Good value for a defensive growth stock that’ll rise the stupid record levels of immigration wave with an ever increasing number of customers. I am not pro big Australia given the social issues surrounding housing costs, congestion and social issues. Nevertheless I invest based in variables and both labor and liberals love short term sugar hits of massive immigration, albeit at the cost of long term and existing citizens. Mind you labor appears much worse at this.
 
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