- Joined
- 14 February 2005
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I recently bought although that's intended as a trade not a long term investment. Time will tell, I could always be wrong there....But Metcash's business performance has been improving lately so they say and the share price has been showing some resilience, although has not broken longer term downtrend yet. Both Market Matters and Greg Canavan think there's value there.
Thinking longer term though one thing that does come to mind is regulatory risk. To the extent there's any, I'm thinking that would favour anyone who isn't Coles or Woolworths given the big two are somewhat of a target of sorts.