Originally Posted by
Beagle
So just to clarify. Over the last few months we've seen WHS go from $3.30 to $4.10 a 24% rise and HLG go from ~ $7.40 to ~$7 a 5.5% decline.
Which do you think is the more logical move in the circumstances ?
Some other things that are very much on the forefront of my mind.
WHS year to date sales are down 22% and HLG only down 18-19%, (sorry I forget which) and HLG taking Govt Covid support on both sides of the Tasman and WHS directors making expensive ESG's calls on shareholders behalf and not taking Covid support and burning lots of cash as a result.
Australia is opening up a lot sooner than N.Z and HLG have strong operations there and WHS do not.
HLG's online sales are a much higher proportion of their total sales than WHS and HLG online systems vastly are better than WHS.
Glassons Au growth is going absolutely gangbusters even with extensive lockdown's in Victoria and NSW ! How much faster will they grow when the Australian economy open's up !!