All these items would have been easily sourced by HLG at the time? Unlikely.
;)
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with the rate aussie retail stocks are falling and doing profit warnings hard to see how hlg aussie stores havnt been severely impacted. guess the price is holding up with the 15% div yield lol poor buyers attracted by the yield
Broking companies custodial accounts selling today and pushing the price down, they dont have a bottom price limit so lots of damage being done, I feel sorry for the clients who are the losers not the brokers.
Put an offer in for $2.62 for a small parcel but have just cancelled out of it partly due to your post. $2.62 will be a 5 year low. Will do nothing at this stage now.
Interestingly I was just at the Warehouse this afternoon. There was a steady stream of customers buying bleach (one bottle left on the shelf) and the usual other stuff. Pallets of tissues and other house hold cleaners were being steadily depleted. Looks like this crisis will affect different retail sectors quite differently.
Could be worse mate. At least you don't have any Kathmandu shares :eek2:
micheal hills announcement today of there whole canada stores closing due to virus is the biggest risk to all retailers. also the fact they are seeking rent relief in a number of stores outside canada says it all