Friday, October 16, 2015

Down, down and up. Where to now for Woolworths?

Seems like sentiment with the Woolworths (WOW) share price follows the calendar months.

  • Aug      Down from $29 to $25
  • Sept      Down from $25 to $24
  • Oct       Up      from $24 to $27

Source: Google Finance

Solid 10% gain in the last couple of weeks and dividend yield still over 5%.  The troubles at Woolies are well known (Masters, BigW) but imagine Gordon Cairns is currently taking a big broom through the place.  When will the new CEO be announced?
 



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