29 August 2008

Woolworths Poll Results 91% think that Walker will make a bid


Thanks to everyone that participated in the poll this week and commented on the articles - good stuff!

A Pretty unanimous YES to a likely Walker bid for Woolworths

Shareholders just don't tolerate collapsing share prices forever do they? If the Woolies board are unable extract value from a balance sheet with reported assets per share more than three times todays closing share price then someone else will and who better than Malcolm Walker?

The next question might be whether the bid will be hostile or not?

Guess you all pretty well agreed this time around, so thanks again and good luck to those that hold the stock.

All the best


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