Hi guys I note WOW continues its weak path while WEs stays strong. I am short both.
What are your experiences with pricing at Woolies and Coles.
The discounting seems to be seriously vicious at present. The last 3 weeks I have managed to get at least 15% discount at both and Liquorland/ First choice which I have rarely used have given me 15 to 20 % discount on beers even Export at $30 for case of 30 beers!
They are giving $30 off if you spend $100 per week for 3 weeks plus 5% for buying the cash card (used for petrol also) PLUS this weekend $10 voucher for spending $100 (so effectively 25% discount).
Hey SURELY this means the shares MUST TANK>
