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Ann: Intention to demerge Coles - Briefing Presentation, page-16

  1. Gindaldan
    2,068 Posts.
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    16/03/18
    10:35
    Post #: 31800229
    In my opinion it’s a TO block for amazon. Last thing they would want is for amazon to buy their logistics networks in Coles. Secured that, and I am happy with that.

    Market loves demergers as I said before - it would open higher and has basically recovered all the Bunnings UK downward pressure when you factor the dividend and FC.
    WES Price at posting: $43.34 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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